In practice, what neuroscientists such as myself have been doing for quite a while is, instead of trying to directly answer the question of how physical stuff gives rise to consciousness, we look for correlations. We try to build explanatory bridges between what happens in the brain, in the body, and what happens in our conscious experience. We try to look for what have been called neural correlates of consciousness.
Your brain is perhaps the most complicated object in the universe. The human brain contains about 86 billion neurons and about a thousand times more connections. So, if you counted one connection every second, it would take you about three million years to finish counting. About three quarters of the neurons in the brain don't seem to be involved in consciousness at all: these are the neurons in your cerebellum, which is the little brain hanging off the back of your cortex. Three quarters of the neurons are there. People can be born without a cerebellum, or you can have damage to your cerebellum, and while you'll be affected in many ways, your conscious experience won't be much affected at all.
The other parts of the brain do seem to be involved in consciousness, but exactly the role they play is still the subject of a great deal of investigation. There's the brain stem, which is a region at the top of the spinal cord and below the main part of the brain. This part of the brain seems to be involved in enabling conscious experiences. So, if you have damage to the brain stem, you might lose consciousness altogether. This kind of damage can result in conditions like the vegetative state or coma. But what you're conscious of at any given time seems to depend on activity patterns in the cortex – the massively folded sheet of densely packed neurons that is the main feature of the human brain.