“The challenges we reported in 2022 – the Russia-Ukraine battle, world inflation, power transition, and local weather change – are ever-present,” stated Graham Knight, head of world pure assets at WTW. “We’ve seen some optimistic developments, although. Wholesale fuel markets have eased, and provide has shifted away from Russia. There’re indicators of world inflation easing as economies reply to greater rates of interest, and rising momentum behind the power transition.”