Insurers cannot ignore the global move toward net-zero emissions. (Photo: metamorworks/Shutterstock) Insurers cannot ignore the global move toward net-zero emissions. (Photo: metamorworks/Shutterstock)

More than 130 countries and 750 companies have pledged to reach net-zero, meaning that all greenhouse-gas emissions would be either eliminated or offset. The global financial system is also involved, with $130 trillion in financial assets committed to net-zero. This transition will require transformation within every sector of the economy and represents an enormous reallocation of capital.

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