In 2023, clean energy's growth story was interrupted for the first time in almost a decade with a decrease in Venture Capital (VC) funding. However, the sector remains much stronger than most startup areas, which were hit harder by the overall VC market's steep decline. Our annual Clean Energy Startups Radar found that the Asia Pacific region, hydrogen, and battery storage attracted overall increases in funding, showing a path forward for the sector. Learn more > https://owy.mn/3WckbOB #CleanEnergy #funding #GreenHydrogen
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To combat climate change, it’s vital that we also address nature loss. Unfortunately, Africa’s Biodiversity Intactness Index (BII) shows a loss of natural capital that considerably exceeds the global average. Committed to catalyzing nature-positive African economies, we’re proud to support the African Natural Capital Alliance (ANCA) as it works with the public and private sectors on approaches to policy, regulation, and investment that aim to maximize sustainable growth from and for Africa’s natural capital. Watch ANCA's Head of Secretariat Dorothy Maseke in conversation with Sandra Villars, CFA, to learn more about the transformative work being done by ANCA, and how Oliver Wyman is contributing to this critical mission > https://owy.mn/3VSc34p #Nature #Sustainability #SustainableFinance
ANCA Is Catalyzing Economic Sustainability In Africa
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AI is the talk of town; 95% of those who leverage AI capabilities as part of their transformation journey expect the technology to have a significant impact on their companies over the next three years. We share how senior executives are thinking about its value > https://owy.mn/4eqJvaH #Performance #Transformation #AI
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For corporate banking, data platforms and data management top the list of technology priorities, followed very closely by cybersecurity, according to Celent's Dimensions survey. In contrast, in 2023, data and cybersecurity were low-ranked priorities, with data platforms not even making the top 10 technology priorities. In the past year, many banks have uncovered a capability gap. Data may be the fuel for AI, but the promise (and hype) of AI in all its forms has exposed weaknesses in the ability of the data platforms at many banks to support growth in AI. Read more from Celent, a business of Oliver Wyman > https://owy.mn/45NJiKR #banking #AI
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Why thoughtful and proactive brand development should be a part of every leader's agenda, plus a look at the global carbon dioxide removal market, how executives are approaching restructuring, CMB Monaco's commercial transformation, and more in this edition of Now You KnOW.
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While opportunities and risks are clear, there are multiple barriers currently blocking financial institutions from scaling up capital flows that contribute to reducing the impact on nature. In our engagement with financial institutions, we found three key barriers preventing them from taking action on nature. Read our report to learn more > https://owy.mn/45WaMOw #Nature #ClimateAction
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Veritas Total Solutions has officially joined Oliver Wyman! Veritas, a business of Oliver Wyman, specializes in commodity trading risk, systems, analytics, and AI. The team will work alongside our global energy business to support clients involved in commodities markets. Learn more about our commodity trading and risk expertise > https://owy.mn/3xqAUnW #acquisition #consulting #CommodityTrading
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With fake news 70% more likely to be retweeted compared to authentic news and a large cohort of Gen Z and millennials finding their election news on social media, our latest research shows the "perfect storm" of disinformation, emerging AI capabilities, and new voters is swirling in a key moment for global democratic election processes. The Oliver Wyman Forum's Uncharted brings you insights off the beaten path, drawn from three years' worth of consumer research. Stay tuned for more. #OWForum #Uncharted #Elections
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This Pride Month our colleagues across the world came together to reflect, celebrate, and educate – participating in parades, movie screenings, happy hours, and marches, organizing safe and open dialogue. We kicked off with an inspiring fireside chat featuring the first winner of RuPaul’s Drag Race and the Cameroonian star of the Documentary Being Bebe, Bebe Zahara Benet (Marshall Ngwa), and the film’s director, Emily Branham, facilitated by our Principal Adam Harpool. Although we've reached the end of Pride Month, our commitment to LGBTQ+ inclusion is perennial. In the coming days, weeks, and months, our PROWD chapters around the globe, with the committed support of our Inclusion, Diversity, and Belonging team and LGBTQ+ Advisory Board, will continue to lead the charge on keeping Oliver Wyman a place that prioritizes equity, values inclusion, and fosters a sense of belonging. More on our commitment to inclusion, diversity, and belonging > https://owy.mn/4cFfVMT #Pride #PrideMonth #Belonging
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