Insurers are essential to rolling out the climate tech needed for industries to decarbonise, finds Geneva Association report
ZURICH, 9 April 2024 – As the world races to meet global climate targets, industries worldwide are under increasing pressure to adopt new technologies and processes to expedite their decarbonisation efforts. To cap global warming at 1.5°C, heavy industries like steel, aluminium and aviation, responsible for over 30% of global carbon emissions, need to deploy climate technologies on a wide scale.