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For biggest Czech insurance companies – Generali, Allianz and Kooperativa:
Your companies declare our future and climate protection to be priorities. It is time to turn words into action. Keeping global warming under the 1,5° C limit and sustaining an inhabitable planet requires urgent changes in all economic sectors. Coal mining and burning must end within this decade, and we need clean renewable energy sources to replace dirty fossil business. It is also your responsibility to contribute and make this happen.
We would like to ask you to adopt at least these minimum necessary measures. If you are serious about protecting climate, you should:
Immediately cease to insure the most polluting and unnecessary Czech coal-fired power plants such as Počerady and Chvaletice, and thus stop giving support to their prolonged operation.
Pledge to cease insuring coal mining and combustion without delay. Discontinue collaboration with coal companies such as Sev.en Energy, EPH and ČEZ unless they present viable Paris-compatible phase-out plans which would enable meeting the 1,5°C goal (i.e. phase-out before 2030).
Commit not to insure or fund any new fossil projects, namely in fossil gas extraction and combustion. No new fossil infrastructure is compatible with climate crisis solutions.
The full version of the letter is available here.