Congo-Kinshasa: Nation’s Oil Fields Are Quickly Becoming Uninsurable
September 8, 2023 | News Source: AllAfrica News: Economy, Business and Finance
[Greenpeace] Any company granted exploration and exploitation rights in the Democratic Republic of Congo (DRC) oil auction could find itself without financial protection, according to a report published today by Greenpeace Africa, Insure our Future, Reclaim Finance and Urgewald. If leading insurance and reinsurance companies follow their commitments and their general environmental, social, and corporate governance (ESG) policies, oil companies would struggle to find coverage for their environmentally and socially
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