COP27, riddled with frustrated negotiations and running 40 hours over schedule, has come to an end. Set against complex geopolitics and an energy crisis permeating Europe and other jurisdictions, little progress has been made on commitments to energy decarbonisation past pledges made at COP26 to phase out coal and subsidisation of fossil fuels.
Continuing Covid-19 uncertainty and more recent geopolitical unrest in Europe may not seem the perfect time for the financial services sector to take stock of its data strategy. However, with data now acknowledged as a critical ingredient for future growth, analysing data maturity levels can provide essential signposts for financial services leaders looking to reach their data maturity potential.
One of the key features of COP26 was recognition that the scale and speed of the changes needed to transition to a more sustainable economy require all forms of finance. Public finance to develop infrastructure to transition to a greener and more climate-resilient economy, and private finance to fund technology, innovation, research, and sustainable business models.
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