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At a panel discussion of the International Chamber of Commerce, Bosch discussed climate protection concepts for emerging markets
Last year, the average global temperature was about 1.2 degrees warmer than before industrialization, making 2016 the warmest year on record. During his presentation at the 22nd World Climate Conference (COP 22) in Marrakech, Petteri Taalas, Secretary General of the World Meteorology Organization (WNO), emphasized the urgency of implementing the Paris climate agreement that global leaders signed last year.
One of the biggest challenges of climate protection lies in transforming the economy. The topic was addressed at a panel discussion entitled “On the way to a resilient, low-carbon future”, which was organized by the International Chamber of Commerce during the World Climate Conference. Panelists from academia and business discussed a range of ways in which existing climate protection solutions could be applied in new markets, as well as how sustainable innovations could be made market ready. Markus Thill, President of Bosch Africa, was among the panelists. He argued that emerging markets in Africa offered many opportunities for sustainable economic growth. For instance, smart networking in agriculture could lead to more efficient use of water and help reduce crop losses. In mining, start/stop systems have the potential to reduce the CO2 emissions of work vehicles by up to 20 percent.
Panelists (from left to right): Russell Mills, Vice-Chair Energy and Climate Leadership Group, ICCA; Dr. Markus Thill, President Region Africa, Bosch Group; Mohamed Ourdedi, moderator and Secretary General of Morocco’s Chamber of Commerce and Industry; and Stuart Neil, Senior Executive Director of the World Energy Council.
With its population of more than one billion people, Africa is a major growth market for Bosch. The company has been active on the continent since 1906, and currently employs some 700 associates in ten countries. With its local presence, Bosch is paving the way for the use of sustainable solutions in the areas of mobility, industrial technology, and consumer goods. Not only does the company provide technology, it also invests in infrastructure and individual education and training programs. For instance, Bosch is involved in the “Afrika kommt!” (Africa is coming!) initiative, which offers young executives from sub-Saharan Africa scholarships in Germany.
More information on sustainable Bosch solutions can be found here.
Current information on the 22nd World Climate Conference can be found here.
Image sources: Bosch and COP 22.