Transition
Capital markets bankers are alert to the possibility that growing awareness of the need to transition away from fossil fuels — acknowledged explicitly by all signatories to the Paris Agreement for the first time in the COP26 agreement in Glasgow — could begin to sap the bond market access of oil and gas companies.
French-led push for nuclear and gas puts credibility at stake
Reinsurance and ILS is ‘still in its infancy’ in understanding climate change’s impact on catastrophe risk.
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Swiss Re’s group CUO Thierry Léger has explained to Insurance Insider the rapid progress insurers need to make in the next decade, adding that “every year counts”.
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Financial authorities must ‘massively expand’ risk-sharing pools.
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The Inter-American Development Bank (IDB) has thrown its weight behind the shift towards loans and projects being fully aligned with the Paris climate agreement, timing its announcement for COP26
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