Abolishing fuel subsidies in a green and just transition
Abolishing fossil fuel subsidies and directing the funds to renewable energy seems like an easy win for the climate. But getting rid of them comes with steep costs for consumers, particularly the poorest households.
Global Insurance Report 2021 - Bruised but not broken
While some regions, especially Asia, will almost seamlessly resume their pre-crisis development as early as 2021, the recovery elsewhere will be much more uncertain.
Massive state interventions helped prevent a significant wave of insolvencies in 2020, but watch out for a normalization from this paradoxical and artificial low, beginning in H2 2021 and gaining traction in 2022.