Insurers pave the way for profitable green energy projects: Paul Broxup
Businesses which have a positive impact on climate change do not have to give up returns on investment. This was said by Nephila’s Paul Broxup in a video interview with Bermuda:Re+ILS at the Bermuda Climate Summit for a Voices of Bermuda article.
Broxup, who heads Nephila’s climate change and sustainable development investing, says renewable energy generation is a prime example of this.
“There’s a perception, particularly in traditional investing, that having a positive impact means giving up some sort of return. In our view, that is absolutely not the case.”, he added