3 essential steps towards ending fossil fuel subsidies
• Fossil fuel subsidies persist despite the climate crisis.
PhD in Mathematics and Computer Science. Former Principal, McKinsey&Company, Germany. Chief Executive Officer, Allianz Investment Management, a globally working entity managing all insurance driven assets of the Allianz Group. Since January 2017, Member of the Board of Management, Allianz; responsible for Investment Management, Health Insurance and Life Insurance; since January 2018 also responsible for steering ESG topics within Allianz.
• Fossil fuel subsidies persist despite the climate crisis.
Climate change is the defining risk of the 21st century. Changes in economies, and consequently in the behaviour of individuals, need to be driven through concerted efforts.
'Pacta sunt servanda'; agreements must be kept.