Insurers have a role in growing the carbon removal industry: Swiss Re - Insurance-Canada.ca

July 8, 2021 – In order to meet the targets of the 2015 Paris climate accord, we need to reduce global emissions by 50% by 2030 and achieve zero emissions by 2050.But despite increasing recognition that we need to do more, global emissions are still rising.In some challenging sectors, total decarbonization may well be many decades away.

So, if absolute zero by 2050 is out of reach, the only way out is net-zero; balancing the unavoidable emissions with an equivalent amount of negative emissions.

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Publisher: Insurance Canada