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More Action Needed by Insurers to Achieve Paris Goals – AODP Report

UN Climate Change News, 1 June 2018 - The insurance industry, a sector with assets worth around USD 15 trillion, needs to urgently step up its low-carbon investments and prepare its portfolios for climate-related financial risks, according to an Asset Owners Disclosure Project report. Nine out of ten investment strategies in the insurance industry

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Insurance companies should collect a carbon levy

A surcharge on energy producers would fund climate adaptation and the low-carbon transition, suggest Anthony J. Webster and Richard H. Clarke. Governments juggle too many interests to drive global action on climate change. But the insurance industry is ideally placed. With annual premiums amounting to between US$4 trillion and $5 trillion,

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