Fynsa
Technology and the hedging needs of insurers are driving the growth of this niche financial instrument.
Watershed's story illustrates the maturation of the business of measuring greenhouse gas emissions
The region may be one of the pillars of the energy transition, but it is also highly vulnerable to climate change.
Insurance-related events are expected to exceed US$100 billion in costs for insurers for the third consecutive year. The bulk of these costs are recorded in the United States, given the high penetration of insurance in that country.
Only 23% of global GHG emissions are covered by some mechanism to incentivize their reduction.
We expect new financial products to focus on sustainability and traceability in the coming years.
Chile is the fifth most vulnerable country to climate change in Latin America, so companies are facing increasing pressure to reduce their carbon footprint and act sustainably.
Concerns about global warming, high energy prices and legislation launched to promote the decarbonization of the economy have been the main drivers of this interest.
