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Why Insurance Innovation is Needed to Drive the Energy Transition

Sarah Allen
September 19, 2024
5 min read

In the race to combat climate change, the energy transition has become an essential pillar. However, as we transition to greener energy solutions, there’s a critical piece of the puzzle that often gets overlooked—insurance. Innovative insurance solutions are key to reducing risks, encouraging investment, and driving decarbonization at the pace needed to meet global targets.

The Role of (Re)Insurance in Commercializing Energy Transition Technology: Opportunities in New York State (“the Report”), written by Cara Eckholm and Brandon Luebbehusen, offers a comprehensive look into the role of the re/insurance industry in the energy transition, showcasing the untapped potential for creating new insurance products that mitigate emerging risks. The Report also demonstrates why companies like Energetic Capital, which focuses on addressing credit risks and unlocking capital for clean energy projects, are vital to the energy transition.

5 min read

Why Insurance Innovation is Needed to Drive the Energy Transition

Published on
September 19, 2024
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In the race to combat climate change, the energy transition has become an essential pillar. However, as we transition to greener energy solutions, there’s a critical piece of the puzzle that often gets overlooked—insurance. Innovative insurance solutions are key to reducing risks, encouraging investment, and driving decarbonization at the pace needed to meet global targets.

The Role of (Re)Insurance in Commercializing Energy Transition Technology: Opportunities in New York State (“the Report”), written by Cara Eckholm and Brandon Luebbehusen, offers a comprehensive look into the role of the re/insurance industry in the energy transition, showcasing the untapped potential for creating new insurance products that mitigate emerging risks. The Report also demonstrates why companies like Energetic Capital, which focuses on addressing credit risks and unlocking capital for clean energy projects, are vital to the energy transition.

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