Allianz CEO Bäte calls for tenfold increase in net-zero investments to avert climate apocalypse

Oliver Bate, global CEO, Allianz

Allianz CEO Oliver Bäte has said that the amount of assets institutional investors commit to reaching net-zero greenhouse gas emissions has to increase tenfold before 2050 in order to avert a climate apocalypse.

Speaking on a panel at the annual meeting of the World Economic Forum in Davos on Tuesday, Bäte, pictured, spoke about the ambitions he and others have this week to enlist more firms in the United

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How insurers are assisting with the energy transition

How insurers are enabling a “less volatile” transition away from fossil fuels is the focus of the second of two special Insurance Post Podcasts, to coincide with the 2024 United Nations Climate Change Conference, more commonly known as COP29.

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