As risk managers, insurers and investors, the insurance industry has an important role to play in the transition to a net-zero global economy and an unprecedented opportunity to work with its clients, policymakers and regulators to mitigate greenhouse gas (GHG) emissions and help the world adapt to the impacts of climate change.
Net-zero insurance is a recent concept and frameworks, definitions and methodologies are still evolving. This primer aims at demystifying, shaping and advancing net-zero insurance thinking and practices. It has been produced by the UN-convened and member-led Net-Zero Insurance Alliance as part of its engagement strategy and looks at potential insurance underwriting approaches to net zero, key challenges and next steps.