Decarbonization has emerged as a critical tool in the fight against climate change, but it also shows promise as a means of economic acceleration across the globe. On this episode of The McKinsey Podcast, McKinsey senior partner Mark Patel joins editorial director Roberta Fusaro to discuss McKinsey’s recent report about the business of carbon dioxide removal and how it could play a vital role in responding to hard-to-abate emissions in various sectors.

In our second segment, Black Americans are especially vulnerable to the effects of climate change. McKinsey partner Munya Muvezwa shares concrete steps leaders can take to help prevent the deterioration of the lives and livelihoods of Black Americans and the US economy at large.