A global insurer and asset manager Allianz has announced a climate protection package, which includes: no longer insuring single coal-fired power plants and coal mines; excluding coal risks by 2040 in property and casualty business and in proprietary investments; and joining the SBTi. Business leaders from over 20 companies have signed the Oslo Climate Leadership Declaration, committing to set and implement science-based targets in alignment with the Paris Agreement, and ensure a just transition for communities and workers affected by the move to a low carbon economy.