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Insurance Europe reconfirms commitment to climate fight as COP28 deal lands

December 13, 2023

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With countries striking an agreement at COP28 to transition away from all fossil fuels to reach net zero emissions globally by 2050, Europe’s insurance industry has reconfirmed its commitment to fighting climate change and “overcoming climate protection gaps.”

This morning, COP28 president Sultan al-Jaber announced the agreement, aptly named UAE Consensus, with no objections from any of the countries present.

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