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First reinsurer restricts support for LNG terminals Munich Re no longer reinsures new LNG terminals linked to new gas fields

#GoodNews: #MunichRe recently became the first reinsurance company to restrict cover for new #LNG terminals. The restrictions are narrow but mark an important breakthrough. Which insurer will take the next step? Read my comment on the #SwissClimateRambles blog at open.substack.com/pub/swisscli....

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Saudi Arabia: Swiss climate wreckers strike again Export credit for Saudi gas expansion betrays Swiss climate diplomacy

No joke: Switzerland to approve export credits for a giant new gas power plant in #SaudiArabia – the 10th such project since it pledged to no longer finance fossil fuels at the Glasgow COP. My latest post on #SwissClimateRambles calls out the responsible political actors. tinyurl.com/CHKlimaZerst...

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Swiss export promotion remains stuck in the fossil fuel era Switzerland’s export credit agency supports up to ten new fossil fuel but hardly any clean energy projects

Switzerland plans to extend export credits for a new gas project in Cote d’Ivoire – the 7th since it pledged to stop funding such projects. Meanwhile, Swiss support for clean energy projects is stalling. My commentary at swissclimaterambles.substack.com/p/swiss-expo.... #SwissClimateRambles

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Will insurers abandon climate science to please Trump? Leading insurance company attacked for recognizing climate change

A dark-money MAGA group targets a leading insurer because it (wait for it) “recognizes the reality of climate change”. Will insurers abandon basic principles to please Trump and his fossil fuel backers? My commentary on the #SwissClimateRambles blog. swissclimaterambles.substack.com/p/will-insur...?

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Swiss Re demonstrates the limits of voluntary climate commitments Reinsurance leader withdraws from global effort to set and validate climate targets

By withdrawing from @sciencebasedtargets.org (SBTi), the gold standard setter of corporate climate targets, Swiss Re has just made a strong case for stronger climate regulation. Check out my comment on the #SwissClimateRambles blog at swissclimaterambles.substack.com/p/swiss-re-d....

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Insurers accelerated the shift away from coal, new study finds Fossil fuel exclusions are effective but Lloyd’s and Zurich play questionable roles

A new study shows that insurance companies' coal restrictions were effective in supporting the shift away from coal in the US. Insurers should use their clout to move away from oil and gas as well! Check out my #SwissClimateRambles blog post at swissclimaterambles.substack.com/p/insurers-a...?

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An alarming message from the crumbling Swiss Alps Will thawing permafrost awaken the Swiss government from its climate complacency?

The beautiful Swiss mountain village of Blatten was just hit by massive rockfall. As permafrost thaws, more such incidents will happen. Will this awaken the Swiss government from its climate complacency? My new post on the #SwissClimateRambles blog at swissclimaterambles.substack.com/p/an-alarmin...

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The Swiss National Bank divests from Chevron Will the central bank start applying its environmental exclusions more consistently?

As reported, the Swiss National Bank has fully divested from #Chevron. Will the world’s 7th biggest public investor now start implementing its environmental exclusion criteria more consistently? My post on the #SwissClimateRambles blog. swissclimaterambles.substack.com/p/the-swiss-...

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Trump’s illegal push for deep-sea mining: the Swiss Connection Will Swiss technology allow US miners to destroy one of the planet’s last pristine ecosystems?

Violating international law, Donald Trump wants to open up the deep seas for mining. Will a Swiss company help him to destroy one of the world's last pristine ecosystems? Read my post on the #SwissClimateRambles blog. swissclimaterambles.substack.com/p/trumps-ill...

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The #TeslaTakeDown movement hits Elon Musk where it hurts. 🤜🚘🤛 Read my portrait of this inspiring movement on the #SwissClimateRambles blog. swissclimaterambles.substack.com/p/taking-dow....

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Taking down Tesla in Switzerland and around the world A new social movement is hitting the world’s richest man where it hurts.

The #TeslaTakeDown movement is hitting the world's richest man where it hurts. ✊ Read my post on the #SwissClimateRambles blog at swissclimaterambles.substack.com/p/taking-dow...

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Ranking Swiss insurers on their climate policies A new report allows consumers to make a choice

It easy for us to switch our insurers every year, and so they are sensitive to consumer pressure. A new @campaxorg.bsky.social report ranks the climate policies of Swiss insurers so that consumers can make an informed choice. #SwissClimateRambles swissclimaterambles.substack.com/p/ranking-sw...

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Why Switzerland’s new climate plan is grossly inadequate Guest commentary by the Swiss Climate Alliance on Switzerland’s new climate plan

⛑️ Why Switzerland's new climate plan is grossly inadequate: a guest commentary by the Swiss Climate Alliance on my #SwissClimateRambles blog. ⛑️swissclimaterambles.substack.com/p/why-switzerlands-new-c...

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How we can make polluters pay for climate disasters like the LA fires Insurers can do with the drivers of climate change what they do with reckless drivers damaging your bike.

If a reckless driver hits your bike, your insurer will make them pay for the damages. It can do the same with fossil fuel companies, the drivers of climate change. Read my blog post about the growing momentum for an idea whose time has come. #SwissClimateRambles open.substack.com/pub/swisscli...

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How Swiss companies are navigating Donald Trump Who is donating for whom? Who are the biggest lobbyists? And what should they do now?

As I show in my latest #SwissClimateRambles blog post, the 10 biggest Swiss companies have not donated to Donald Trump’s campaign and largely stayed out of other races as well. So far so good. (1/3) open.substack.com/pub/swisscli...

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Swiss Alpine cabins – a national treasure at risk Our legendary mountain cabins: a microcosm of what we’re losing to climate change

#Switzerland’s amazing Alpine cabins have become part of our national identity. Yet as a microcosm of the global climate crisis, they are now at risk from melting #permafrost, receding glaciers and other threats. 😢 My personal reflections on the topic on #SwissClimateRambles at tinyurl.com/52ypwmh3

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How we can respond to Trump Some ruminations from the Climate Rambler on where we are and what we can do

🤔 How we can respond to Trump: some ruminations from the Climate Rambler on where we are and what we can do. #SwissClimateRambles 🤔 swissclimaterambles.substack.com/p/how-we-can...

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How Switzerland is freeloading on international climate action Last month we reported that Switzerland is violating its commitment to end all funding for international fossil fuel projects by supporting seven gas power plants through its export credit insurance S...

Violating its climate commitments, Switzerland is supporting overseas gas projects with climate costs of >$63 bn. Now the country also blocks negotiations for a ban of such support in the OECD. Read my comment on this on my #SwissClimateRambles blog. swissclimaterambles.substack.com/p/how-switze...

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How UBS finances the world’s oil and gas expansion UBS talks a big game on climate while supporting the fossil fuel expansion of oil majors like ExxonMobil (photo Miriam Künzli/Greenpeace)

In public UBS claims it is a climate leader. New info reveals that in practice, the bank finances the fossil fuel expansion of companies like Woodside, KEPCO and now, with a $172m bond, #ExxonMobil. Read my critique on the #SwissClimateRambles blog at swissclimaterambles.substack.com/p/how-ubs-fi...

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Zurich Insurance: After Us, the Deluge? Zürich under water, as imagined by the artist Res Rothacher

Under its new #TransitionPlan Zurich Insurance can meet its climate targets if its fossil fuel customers are producing oil & gas more efficiently – even if they massively expand their production. Read my latest post on this nonsense on my #SwissClimateRambles blog! open.substack.com/pub/swisscli...

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Switzerland still handing out fossil fuel finance like candy Swiss campaigners asking SERV to stop supporting fossil f...

You will find more details on this embarrassing story on my blog, Swiss Climate Rambles, at swissclimaterambles.substack.com/p/switzerland-still-hand... #SwissClimateRambles (Photo credit Miriam Kuenzli)

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🏔️🇨🇭 Check out my new blog on Substack: Swiss Climate Rambles! Subscribe to the free newsletter and join me on a tour of the peaks and abysses of Swiss climate policies. 🇨🇭🏔️ #SwissClimateRambles swissclimaterambles.substack.com/p/swiss-climate-rambles

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