Pandemics – another reason to stop financing deforestation and climate change

Zoonotic diseases will rise due to deforestation, says Zurich Insurance Group’s head of sustainability risk, while one report shows key financial institutions have yet to adopt deforestation policies.

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John Scott, head of sustainability risk for Zurich Insurance Group, called for greater pandemic preparedness and prevention in light of an increasing frequency of outbreaks, in an article for the World Economic Forum this week.

“Our business is in managing risk, and we want to support preparedness and prevention in any way we can,” Scott tells Euromoney.

The S&P Insurance Select Index has lost 10.7% since the start of the year compared with an 8.1%

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