Joint business-NGO call for climate security
Leading financial services firm Allianz and green group WWF have jointly called on world leaders to agree a long-term policy framework on climate change. The pair were launching a report on how firms in the insurance, banking and asset management business can integrate climate change risks into their operations. For example, it advises companies to assess asset portfolios for climate change risks and opportunities. Allianz, which is Europe's second largest insurer, also pledged to increase its own investment in renewable energies by €300-500m over the next five years. See press release.
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