ABI lays out five climate change demands of government to take “handbrake off”

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The Association of British Insurers has called on to government to do more to enable the insurance and long-term savings sector to maximise the vital role it has to play in tackling the climate change challenge.

The sector needs to have the “handbrake” taken off and “turbocharge” investment in green infrastructure to meet the “greatest risk” to society, its leaders stressed.

According to the trade body the general insurance and long-term savings industry is making significant progress in setting transparent net zero targets and joining the UN’s ‘Race To Zero’ campaign.

The ABI was granted official ‘Race to Zero accelerator’ status in March.

Among the market share represented by ABI members, over 50%

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