ECOLOGICAL DUE DILIGENCE - MAINSTREAM IN INSURANCE

Abstract

Introduction. In today's world, environmental problems related to accidents, natural disasters and catastrophes have been exacerbated by environmental pollution caused by the ongoing russian-Ukrainian war, which continues to this day. At the state level, in this situation, of course, it is difficult to use instruments of influence, as in Ukraine there is no legal framework that would serve as a foundation for legislative regulation of environmental insurance. Given this positioning in this context, environmental insurance becomes especially relevant, which is preceded by environmental due diligence - the mainstream of the world. Purpose. Identify the importance of environmental due diligence for the world community and prove that it is mainstream in insurance in today's world. Method (methodology). The research used such methods as logical, which allowed to analyze scientific works in the field of environmental due diligence; analysis and synthesis, which made it possible to identify factors influencing the mainstream in insurance; graphical, which allowed to interpret the results in a visual form. Results. The stages of development of climate policy in the world are determined. Emphasis is placed on decarbonisation, which includes such areas as resources (renewable energy sources, restrictions on mining, abandonment of coal generation, capture, use and storage of carbon dioxide, hydrogen energy), infrastructure (implementation and application of «green» tools), markets and carbon pricing (CO2 tax (carbon tax, transboundary carbon tax), greenhouse gas emission allowance trading system, and a combination of these approaches; carbon reporting), consumers (abandonment of internal combustion engines, limitation of emissions in the air transport sector) emission control in the maritime transport sector), investments (attraction of investment funds in "green" technologies). Direct and indirect impacts on the environment due to active hostilities are characterized. Recommendations for «green» reconstruction of the affected regions of Ukraine due to the full-scale invasion of russia are given.