Activists From Extinction Rebellion Hold Protest At Baden-Baden

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Activists From Extinction Rebellion Hold Protest At Baden-Baden

Extinction Rebellion and Debt4Climate stormed the Kongresshaus in Baden-Baden this morning, where the reinsurance sector is presently having its annual conference.

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It is believed that several activists scaled the canopy in the early morning carrying a five-meter-long banner reading, “Stop (re)insuring Climate Chaos.” Others positioned themselves in front of the entrance doors by applying glue.

Additionally, posters that claimed to demonstrate how ecosystems are being destroyed by fossil fuel projects insured by conference attendees were glued to the glass front. Activists have spread what appears to be oil on the forecourt and are lying lifeless on the ground. They insisted that attendees of the conference quit insuring coal, gas, and oil projects.

The Munich division of Extinction Rebellion put out a statement.

Activists From Extinction Rebellion Hold Protest At Baden-Baden

It said: “Given the fundamental and critical role of the reinsurance industry in fossil fuel extraction, the meeting deserves critical attention. Many fossil fuel companies are pushing into new and expanded coal, oil and gas projects, all of which need to be reinsured

. At the same time, various studies, including from the International Energy Agency (IEA) and also the latest IPCC report, show that the 1.5-degree target can only be met if we stop burning fossil fuels immediately.”

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Susanne Egli, marine biologist and climate activist at Extinction Rebellion, said: “The reinsurance industry is certainly aware of the clear need to stop fueling the climate catastrophe with more fossil fuel projects. There is absolutely no need for the reinsurance industry to insure fossil projects, quite the opposite.

Reinsurance even today means billions in climate disaster payouts. Even if the industry doesn’t want to exit the fossil fuel industry in times of climate catastrophe because of millions of lives, it should do so for purely economic reasons.”

Activists From Extinction Rebellion Hold Protest At Baden-Baden

This is not the first time that Extinction Rebellion has protested the insurance industry in 2022. In April, members of the movement blockaded the entrances to the Lloyd’s building at Lime Street in London.

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More than twenty-five entrances to the Lloyd’s building were said to have been blocked, with protesters using superglue, chains, and bike locks. Staff inside the Lloyd’s building were being allowed to leave.