An article from Insurance Business Mag.
While renewables will remain a focus of the global energy transition, risk managers will face challenges from a “new trilemma,” according to a report by WTW.
This trilemma involves the convergence of:
- The need for net-zero energy security
- Unsettled global macroeconomics
- Rising demand for renewable energy in a time of stifled supply of inputs
This will push risk management and ESG to the position of key issues in the coming year, according to WTW’s Renewable Energy Market Review 2023 report.