October 10, 2022
Munich Re falls into line on fossil fuels
Reinsurance giant will no longer cover exclusive oil or gas projects from April.
Munich Re, the world’s largest reinsurer, said on Thursday that it would end support for new oil and gas fields, new oil infrastructure and new oil plants. The announcement follows a growing trend in the ...
Petrostates whose revenue is dependent on oil and gas must diversify their economies, Carbon Tracker warns, as leaders at COP28 are being urged by certain countries, progressive businesses and civil...Read more