Risk solutions for the circular economy industry
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Smart coverage to encourage investment in innovative energy generation
Green technologies, including those in the Circular Economy, face the daunting task of managing the transition to a low carbon future. As part of the goal of net zero emissions by 2050, new business opportunities are opening up for the Circular Economy industry, which in turn require new insurance solutions.
Munich Re supports the energy transition by enabling the financing of the new technologies with an innovative insurance solution, the Technology Performance Guarantee Insurance.
$755 bn
Global investment in energy transition in 2021
21%
Increase from 2020
$4 tr
= x3 increase in clean energy investment needed by 2030 to achieve net zero goal by 2050
Technology Performance Insurance featuring:
Revenue guarantee and production output guarantee for plant start-up and long term operations
Major equipment repair and replacement coverage to address incorrect design or engineering
Multi-year policy with flexible duration up to 10 years
Debt and equity protection insurance structures
How to benefit from our tailored solution:
Improved bankability
Higher attractiveness to investors
Increased revenue
Flexible allocation of capital
Decreased financing costs
Munich Re aims to actively combat climate change and its consequences. Enabling new sustainable technologies is a key aspect of our ambition to help our clients succeed in a low-carbon economy
Technologies we back up:
Waste to X, recycling, upcycling
Thermal and biological conversion processes such as digestion, fermentation, gasification, pyrolysis
Bioenergy, biofuels, biochemicals, renewable natural gas (RNG), biodiesel, renewable diesel, sustainable aviation fuel
Carbon Capture and Utilization, low carbon H2 production, water treatment
Munich Re’s Green Tech Solutions-
your reliable partner in a dynamic market:
- World’s largest reinsurer with commitments to climate change mitigation
- Reliable business partner with strong capital base to strengthen client balance sheet backed by AA- credit rating
- Global expertise in emerging renewable technologies, risk transfer, and project finance
- More than $3 billion exposure in support of over $40 billion capital in green technologies
- 12 years-track-record in all green technologies
- Globally experienced and locally responsive in-house experts
Would you like to know more?
Get in touch with us right away
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Contact our experts
Patrick Hinze
Head of Emerging Green Tech
Derek Griffin
Business Development and Risk Analyst
Stephan Leser
Product Lead Circular Economy