Insurers Want EU Policies To Boost Sustainable Investments
Law360, London (July 20, 2020, 2:24 PM BST) -- Governments should take steps to improve access to green assets for institutional investors, insurers said on Monday, warning that the industry is being held back by a lack of data despite a willingness to invest sustainably,
Trade body Insurance Europe said that, although insurers support regulatory pressure to encourage sustainable investment, there are too few assets on the market to meet their needs.
Insurance Europe was responding to a consultation by the European Commission on its sustainable finance strategy. The commission is looking to encourage additional investment of €1 trillion ($1.13 trillion) over the next decade in environmental projects to help it meet...
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