Risk, resilience and reinvention: the perils of the global energy transition

Clean energy growth continues, particularly for solar and offshore wind, while global climate risks intensify. Fossil fuel production also continues, raising issues about the need to reduce emissions globally. The insurance industry thus finds itself at the centre of a high-stakes transformation

The energy landscape of the past few years has delivered a paradox: there has been record-breaking growth in some clean technologies, but this has been accompanied by persistent and even rising reliance on some fossil fuels.