In order to build a new fossil fuel project, companies need three things: permits, money and insurance. Without insurance, most new fossil fuel projects cannot go ahead, and existing ones must close. This makes insurance the Achilles heel of the fossil fuel industry.
Thank you for joining our global week of action to end fossil fuels.
With your help, we held insurers accountable to help accelerate the shift away from fossil fuels. Together, we fought for a just climate transition that makes polluters pay and protects our communities.
Insurance campaigning has already made new coal power plants almost uninsurable. Coal companies are finding it increasingly difficult to access insurance cover even for their ongoing operations. Now we are doing the same for oil and gas expansion.
Our demands
to insurance giants
1. Stop insuring fossil fuels
2. Respect human rights
3. Support a just transition
ACTION CONSENSUS
Resources
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