In this final piece of the three-part series, Insuring against Climate Risk, we will explore possible solutions available to help corporations manage their climate-related physical, transition and liability risks. Learn more about our previous physical risks and liability risks articles.
What are Transition Climate Risks?
As a party to the Paris Agreement, Australia has committed to the global goal of holding the increase in global average temperatures to below 2°C of warming and pursuing efforts to keep warming to less than 1.5 °C. The Australian Government’s ‘Net Zero Plan’ will guide the just transition to the legislated target of ‘net zero’ emissions by 2050.
Transition…