Featured in European Solar's new dawn – 06-2021

Insurers derail EU decarbonization

Though the shift away from burning fossil fuels for power is essential for meeting climate coals, Czech coal plants are backed by major insurers, often with careful loopholes designed to support ongoing arrangements. Radek Kubala and Josef Patočka from Re-set explain.

By

pv magazine

07 Jun 2021

Image: Re-set

With the climate crisis occupying the top of the political agenda in recent years, there has been an increasing willingness among insurance companies, especially in Europe, to adopt progressive investment and underwriting policies on climate. In particular, new projects in coal have been excluded by some major insurers. However, glaring gaps with insurer coal policies …

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