By uniting stakeholders from across the spectrum to accelerate solutions that limit warming, build resilience and mobilize finance, COP28 represents a significant step forward in the global response to climate change, reinforcing the importance of collective action â and everyone playing their part â in transitioning to a low-carbon future.
At COP28, Marsh McLennan experts, advisors and doers across our four businesses â Marsh, Guy Carpenter, Mercer and Oliver Wyman â Ìęwill seek new ways to empower sustainable futures and make a greater impact through our collective strength and our culture of curiosity, care and integrity. We will unveil actionable solutions to help businesses and investors address climate-related risks, connect with green infrastructure projects, achieve financial resilience and execute a commercially smart transition to a low-carbon future.Ìę
Our goal is to enable our clientsâ ultimate success by clarifying their view of present and future opportunities. Through expertise rooted in practical actions, we empower sustainable futures by helping organizations worldwide to manage, finance and implement the vital steps on the path to net zero. Our work and expansive expertise span the pillars of COP28 as this yearâs meeting strives to accelerate the critical action needed in the years ahead.
Marsh McLennan Supply Chain Capability
Climate-related impacts represent five of the top 10 risks facing businesses today according to the World Economic Forumâs 2023 Global Risks Report. These risks have the potential to cause production delays, labor issues, lost revenue, increased costs and negative brand reputation.
Marsh McLennan is developing an innovative new capability â combining Marsh and Oliver Wymanâs risk-modeling capabilities and deep climate expertise â to help organizations become more resilient to climate risk in their supply chains. This new solution leverages a digital twin of a businessâs entire supply chain combined with advanced data analytics, satellite imaging, and Marsh McLennanâs decades of risk modeling to provide clients with unique insights. The aim is to help companies âsee the unseenâ and make proactive investments to address climate-related risks that make businesses vulnerable.
As the world moves toward a low-carbon future, investments in renewable energy and low-carbon technology are on the rise. These assets need to be resilient to the changing climate they will face over the course of their operational life.
During COP28, Marsh will launch a new report with the Dubai Electricity & Water Authority on how it is addressing climate adaptation of its new energy assets. Marsh will also publish a series of blogs on discussions taking place at COP28 relevant to its clients.
Guy Carpenter innovates solutions that help the public and private sectors manage emerging risks related to climate. The company helps clients understand the changing nature of risk and how to make better risk-informed decisions.
Guy Carpenter is uniquely positioned to help clients understand which perils and regions are most at risk of the impacts of climate change. Offerings include custom views of catastrophe models and risk score tools suitable for different future time horizons and warming assumptions, presenting geographic accumulations of risk and/or underwriting strategies. Guy Carpenter helps clients quantify the impacts under potential climate scenarios on the overall volatility and tail risk of their insured portfolio.
At COP28, Guy Carpenter will build on adaptation financing thought leadership launched at COP27 to showcase a new, innovative, sustainable climate-focused solution that combines financial resilience and loss prevention.
Mercer helps institutional investors interested in aligning their portfolios with net-zero outcomes by 2050 (or earlier) to develop and implement climate analysis and transition plans that reflect their unique requirements and goals.
A partner of the World Climate Summit at COP28, Mercer Investments will present the exclusive results of its annual Global Asset Manager Survey and thought leadership on successfully implementing climate-transition investing. A key focus is how organizations can incorporate the rapidly evolving dynamics and longer-term emerging issues around climate change, net zero and other sustainability-aligned investing challenges into fiduciary duty considerations.
To help enable the energy transition, accelerate progress to a lower-carbon world and drive green infrastructure development in Africa, Mercer will showcase the during COP28. This new digital platform connects deal and project sponsors with investors and capital providers on green infrastructure, green and clean technology, adaptation, and biodiversity and natural capital projects. RegisterÌęto attend the in-person event pilot in Dubai on 4â5 December.
Oliver Wyman is a leading player in helping companies make commercially smart climate transitions, from strategy and direction to finance and operations. It is also a thought leader in how to drive the transition at scale, collaborating with networks and organizations such as the Sustainable Markets Initiative, the Glasgow Financial Alliance for Net Zero, the World Economic Forum, CDP and the Climate Group to drive collaborative action on this topic.
At COP28, Oliver Wyman will host a series of events tied to this yearâs conference themes, bringing together industry leaders to explore how to transition at pace and scale while sustaining and growing a profitable business.
Explore the latest thinking by our experts from across Marsh McLennan's four businesses - Marsh, Guy Carpenter, Mercer and Oliver Wyman on a range of key COP28 themes. From Risk and Resilience to Transition Finance, read our latest thinking and discover our innovative solutions and strategies on how to execute a commercially smart transition to a low-carbon future and empower sustainable futures:
Nature-Positive Industry Sector Transitions
Reversing nature-loss by 2030
On The Road To COP 28: Transition today
How can investors address the causes and impacts of climate change?
Climate Action At Scale
Aligning corporate and climate interests
Partnering For Transition
Working to advance investor frameworks to mobilize capital flows in Africa
Risk and Resilience
What Risk Managers Need To Know About The COP28 Agenda
Overlapping crises like conflict and flagging economic growth have created a complex risk landscape
Key Business Strategies For Climate Finance Opportunities
Four dimensions to drive action
Risk and Resilience
Increases In Extreme Heat-Related Workers' Compensation Claims In The US
Extreme heat has become a pressing issue affecting many regions around the world
Climate Change: Risks and Opportunities
Steps reinsurers can take to address climate change impacts
During COP28, our team of experts will be hosting events where we will unveil cutting-edge ideas and provide actionable solutions that will tackle the most pressing climate challenges and empower sustainable futures.
Dec 4-5th - launchingÌęthe Catalytic Investment Exchange (CIX)
To help clients and investors around the world navigate the energy transition, weâre launchingÌęthe Catalytic Investment Exchange (CIX). The CIX will bring together deal sponsors and direct investors and will seek to enable effective and efficient due diligence. It provides potential investors a digital due diligence review platform and provides the opportunity for investors to meet with deal sponsors at Mercer led events around the world.Ìę
The focus is on green infrastructure, green and clean technology, biodiversity and natural capital. Our next event will be held in Dubai, on 4thÌęand 5thÌęDecember, during COP28. If successful, we will continue to run the online platform and provide regular opportunities for in-person connection. Register your interest by emailÌęto take part in an initiative which has the potential to drive direct investment in climate projects across emerging markets.
08.00 â 09.30
Join Oliver Wyman and the 30% Club to explore the critical role that women are playing in driving climate action as leaders, employees, customers, and investors.
15.00 â 16.00
Join Oliver Wyman and the World Economic Forum to explore how the health ecosystem can adapt to the health impact of climate change and how life sciences companies can prepare for this shift.
08.00 â 09.30
Join Oliver Wyman and the Net Zero Banking Alliance (NZBA) to explore how transition finance can be measured and scaled.ÌęÌę
11.00 â 12.00
Join Oliver Wyman and Masdar to explore strategies for accelerating industrial decarbonization to meet our net-zero goals. Our panel of distinguished speakers will build on real-world examples from industry leaders and pioneers.
15.00 â 16.00
Join Oliver Wyman and Climate Group to explore how we can move from incremental "business as usual" moves to deliver climate action at the scale and pace we need today.
15.00 â 16.00
Join the Oliver Wyman Forum to discuss the influential role of Gen Zers in the fight against climate change, bringing together Gen Z, policy, and industry leaders.
16.00 â 17.00
Join Oliver Wyman and the Taskforce on Nature-related Financial Disclosures (TNFD) to discuss how corporates and financial institutions are capturing new nature-related opportunities.
From Risk to Resilience -
At the halfway point of this momentous event, Marsh would like to invite you to attend a fire side chat for risk professionals to provide an update on the outcomes of the first week at COP28 and discuss the role of risk in the transition.
Join Amy Barnes, Head of Climate and Sustainability Strategy at Marsh andÌęAbhi Bhuchar, Partner, Energy and Natural Resources Practice at Oliver Wyman as well as a number of regional industry specialists for an engaging discussion into the progress at COP28 and key themes for risk managers.
Marsh McLennan is the proud sponsor of The Resilience Hub, Climate Actionâs Sustainable Innovation Forum and the Investment COP, hosted by World Climate Summit. Join our experts to learn more how our work and expansive expertise can help create sustainable value in the critical years of action ahead as we seek empower sustainable futures:
The ResilienceÌęHub brings together a global community with diverse perspectives and experiences to share knowledge, co-create solutions and catalyse action. As the main pavilion for climate resilience and adaptation at COP, the Hub aims to drive the conversation and agenda around resilience and place locally-informed, equitable resilience solutions for people and nature at the heart of the COP process. It also aims to amplify the local voices of the most vulnerable and climate affected through the incorporation of Regional Hubs as an integral part of the programming and delivery of the Resilience Hub.
Sustainable Innovation Forum 2023Ìęthis year the forum will take place on 4-5 December, alongside COP28 in Dubai and will promote transformative innovation to help us go further, faster.ÌęThe Forum offers leaders from across the climate and innovation ecosystem the opportunity to have a tangible impact at COP 28 by helping forge cross-sector partnerships, spotlighting effective business action, mobilising green finance and showcasing innovative solutions that will enable us to achieve our climate related Sustainable Development Goals.
World Climate Summit - The Investment COPÌę2023 hosted by the World Climate Foundation, returns on 7-8 December alongside COP28 in Dubai, marking its 14th year.
As the largest C-level B2B convening alongside COP, World Climate Summit facilitates the exchange of best practices and innovations across vital sectors crucial to decarbonisation efforts in the areas of energy, transport, buildings, industry, finance and nature.Ìę