Data scarcity prohibits progress in emerging markets & beyond
Investment in climate tech is surging.
In the past decade, there has been a 40X increase in climate VCs globally.
In 2022 alone, over $70bn VC funding was invested in climate tech.
These trends are disproportionately reflected in emerging markets. Climate tech is a nascent industry, with most companies < 3 years old at initial funding stage.
In the context of huge investments, measuring impact, validating success, and facilitating innovation is essential and achieving these in emerging markets is a greater challenge due to data scarcity.
Data is critical for setting climate strategy; developing plans; tracking progress; and making public disclosures.
It helps organisations prioritise paths to net zero.
It provides business cases for investment.
The Challenge
The inability to measure impact is prohibiting progress. Complex, messy, and incomplete data limits innovation and investment — and such issues are felt most in emerging markets.
"Only 8% of energy transition investments in 2021 went to emerging markets."
Oxford Climate Tech Initiative, 2023
Why does this matter?
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Unmet demand: Existing and potential technologies are not developing within the communities most vulnerable to the climate crisis.
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Investment Barrier: Unquantifiable impact hinders entry into emerging markets, despite a strong appetite for climate investment.
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Innovation Potential: Emerging markets are hotbeds for crucial and innovative climate-tech solutions.
Our Solution
The importance of a more robust, granular and frequent impact measurement is growing every day.
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Our toolkit targets the climate data gap, offering robust solutions for comprehensive impact measurement.
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OCTD has developed novel methods to overcome data scarcity and measure the impact of all players in the climate ecosystem.
OCTD leverages a blend of Oxford and Cambridge expertise to tackle climate-tech data challenges, particularly in emerging markets. We utilise advanced methodologies for precise impact assessment, enabling businesses and investors to make informed decisions.
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These tailored solutions support investors, corporations, and multinationals to monitor, track and measure the seemingly unquantifiable — ranging from ESG measurement to ROI assessment and infrastructure development.
Our partners and clients range from Google, Meta, and United Nations agencies, conducting projects in across Africa, Middle East and Asia, including Jordan, Mongolia, Kenya and Turkey.
Why now?
​Innovation and investment in climate tech is booming.
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Policymakers are facilitating the private sector to embrace climate technologies and governments are pledging millions to fund climate tech companies.
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