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- Batches of salted and dried fish for the local market and imports, in a village near Lake Upemba, DRC, July 2022. Any oil spill in the region would be devastating to the livelihood of local communities. Credit: Junior Kannah/Greenpeace Africa
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Greenpeace Africa |
With new coal uninsurable, insurers start to move on oil and gas
62% of reinsurers now have coal exit policies and 38% have oil and gas exclusions as shift away from fossil fuels accelerates
Insurance company restrictions on oil and gas are finally starting to catch up with those on coal, according to new data (https://bit.ly/3eG18JD) from the Insure Our Future (https://global.Insure-Our-Future.com) campaign, co-published with Greenpeace (www.Greenpeace.org/Africa/). Ahead of COP27, the campaign coalition argues that insurers must now fully exit new coal, oil and…
