Exclusions from Insurance Coverage for Climate Harms

Connor's Clause

An explicit exclusion from cover for climate liability, costs and losses occasioned because of greenhouse gas (GHG) emissions and/ or where the insured party has failed to meet GHG emissions targets.

Net Zero Aligned Construction Modifications

Luna's Clause

A clause that incentivises building contractors to propose 'Net Zero Modifications' to project works, which will benefit the Employer, the overall Project and the environment into the future.

Climate Contract Risk Sharing (ex Force Majeure)

Iris' Clause

Amendments and additions to standard Force Majeure agreements to ensure contracting parties work together to balance financial risks and avoid unintended adverse environmental and social issues.

Report on Title – Climate Change Clauses

Marni's Clause

Where climate change risk searches are unavailable, standard climate change statements should be added to a report on title to make buyers aware of the future risks that may affect the property.