PressNewsCommitmentEnvironment: Who’s gonna pay?

Who’s gonna pay?

Service & Contacts

Allianz Group Communications
Koeniginstr. 28
80802 Munich
Germany

Contact overview

Receive the latest Allianz news.

Newsletter

Follow Allianz in the social networks:

Facebook
Twitter
Google+
LinkedIn

  • Contact

  • Newsletter

  • Social Media

G20 countries will need to invest 710 billion dollars a year into renewable technologies throughout 2035 to maintain the 2°C global-warming trajectory. One way or another, investments are going to be made into energy, so the real question to ask is whether they should be made into fossil fuel or renewable technologies.
 

Allianz SE
Munich, Jun 02, 2016

Allianz-Who’s gonna pay?

World leaders took that decision during the 2015 Paris Climate Conference when they agreed to combat climate change, and accelerate and intensify the actions and investments needed for a sustainable low-carbon future. The global expenditure on energy investments right now is 1.6 trillion dollars a year. The new commitment, however, does not mean expenditures will increase, but rather that they will need to be shifted to clean energies. That is good for the environment, good for people’s health and good for the economy.
 
An Allianz study carried out in 2014 by the arrhenius Institute for Energy and Climate Policy concluded that a stringent energy transition in Germany would be cost-neutral compared to a fossil-fuel future – and the study did not even take into account the added benefits of improved air quality, fewer respiratory problems or new markets for local energy production as imported fuel becomes less attractive.
 
Germany is not the exception. A recent study carried out by the US journal Nature Climate Change found that the American electricity sector could cut greenhouse gases by 80 percent compared to 1990 levels in just 15 years by implementing an ambitious energy policy. And that without the price of electricity going up.
 
So, again the question: Where do you want your money to go?
 

To find out more about how the world’s 19 largest economies are faring in their efforts to transition to low-carbon economies, please see our new Allianz Climate and Energy Monitor.

  Forward Looking Statement disclaimer

As with all content published on this site, these statements are subject to our Forward Looking Statement disclaimer:

  Press contact

Nicolai Tewes
Allianz SE
Phone +49.89.3800-4511
Send email

More at allianz.com

California Wildfires 2018: Reign of Fire

Allianz-California Wildfires 2018: Reign of Fire
Aug 14, 2018 | Allianz SE

Wildfires in California have burnt through 820,000 acres so far this year. As the U.S. state battles the blaze, is it time to accept that bigger and more frequent wildfires are the new normal?

More...

Allianz reports strong results for 2Q 2018 and confirms full-year outlook

Allianz-Allianz reports strong results for 2Q 2018 and confirms full-year outlook
Aug 03, 2018 | Allianz SE

After a successful start into 2018, Allianz Group continued to achieve good performance in the second quarter. Indicators remained close to or exceeded the second-quarter 2017 levels, despite burdens from geopolitical instabilities and currency fluctuations. 

More...

Allianz World Run 2018: Run Lola Run

Allianz-Allianz World Run 2018: Run Lola Run
Jul 31, 2018 | Allianz SE

Pull up your socks and dust off those shoes. The Allianz World Run 2018 has begun and you’re invited to be a part of the fun run to good health.Over the past two years of the Allianz World Run, more than 22,000 Allianz employees from 55 countries ran 2.75 million kilometers, each year smashing the record for the “longest cumulative distance run by one team in 90 days”. This time around, the event has been opened to everyone as Allianz aims to inspire more people to get moving. 

More...
More...