Analysis

The risky transition to renewable energy

By Tim Evershed 2024-12-19T08:00:00

renewable energy

Without insurance, businesses will be unable to reach their net zero transition goals or become resilient in the face of the changing climate

The transition from fossil fuels to renewable energy – a key part of action on climate change – is now firmly in motion.

The transition is on a scale not previously seen in the global economy, with broker Howden’s The Bigger Picture report from June 2024 noting that £15bn ($19tn) had already been committed to renewables projects across the globe.

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