Global insurers urge G20 leaders to deliver on fossil fuel subsidy phase-out

Michael Holder
clock • 2 min read

Aviva plc, Aegon NV, MS Amlin, the Institute and Faculty of Actuaries call on G20 leaders to set 2020 deadline for promised fossil fuel subsidy phase out

A group of multinational insurers with more than $1.2tn in assets under management today urged G20 leaders to commit to a phase-out of fossil fuel subsidies by 2020. In an open letter to leaders of...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Net Zero Banking Alliance: Triodos Bank exits group in protest at weakening of 1.5C guidelines

Net Zero Banking Alliance: Triodos Bank exits group in protest at weakening of 1.5C guidelines

Ethical bank slams NZBA's decision to offer members more leeway in how they meet climate goals

Michael Holder
clock 15 April 2025 • 6 min read
Net Zero Banking Alliance votes 'overwhelmingly' to loosen requirements for meeting climate goals

Net Zero Banking Alliance votes 'overwhelmingly' to loosen requirements for meeting climate goals

Decision to 'water down' standards at 120-strong global banking group criticised as short-sighted by campaigners

Michael Holder
clock 15 April 2025 • 5 min read
Pension pool Border to Coast to invest £40m in UK clean energy projects

Pension pool Border to Coast to invest £40m in UK clean energy projects

Projects expected to receive support from the allocation include solar, battery storage and electric vehicle charging

Holly Roach, Professional Pensions
clock 09 April 2025 • 1 min read