Capitalism is stepping in, doing what it does best: aligning markets and prices with risks and opportunities associated with climate change.
Over the next three years, the new policy will also phase out support for mining operations and utilities dependent on coal for more than 30 percent of their revenue.
It's emerging as one of the most crucial issues for continuing innovation.
A new report considers disclosures by more than 1,600 companies. The findings were fascinating, unsettling and inspiring.
New payout triggers, alongside new policy types and coverage related to the complex transition many industries face.
Changing regulations and cleaner technologies are leading the divestment from coal power plants and mines.
More companies are experimenting with policies that can help create a cash surplus for catastrophic risks.
Insurance giant vows to quadruple green investments, as Dutch bank ING strengthens its policy on coal investments.
Local governments are moving proactively to protect human health, and more businesses are opting for insurance that covers violations.
Emerging fintech options can back a range of risky business ventures, such as sustainable agriculture, local resilience projects or startups.