A Balancing Act: The Risks of Reducing Insurance for Australia’s Fossil Fuel Sector Amid ESG Pressures
Australia has set an ambitious target of achieving 82% renewable energy by 2030. However, with this goal unlikely to be met, reliance on fossil fuels is expected to remain significant for longer than initially planned. At the same time, insurers are reducing their underwriting exposure to coal and fossil fuel projects while expanding capacity for […]