Limiting global warming to 1.5°C compared to pre-industrial levels in the coming decades requires a well-planned approach to achieving net-zero targets. To facilitate the transition, new technologies and infrastructure systems need to be developed, expedited and implemented at scale. However, these changes come with myriad risks. Assessing, pricing, sharing and allocating these risks will be fundamental for both large-scale implementation and raising private capital.
This conference discussed the technological developments needed to enable the transition to net zero; the role of re/insurers in de-risking and financing the technological pathways to commercialisation; and the partnerships that need to be forged and strengthened to enable and incentivise innovation, sectoral adoption and implementation.
Virtual event, co-organised by the OECD and The Geneva Association