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Transcript

00:00If you don't like endless paperwork but still care about saving the planet,

00:04then Munich Re's latest move might just make sense.

00:07The insurance giant is out of the climate alliances, but the story doesn't end there.

00:13Let's break it down.

00:14So imagine you're in a group project, but every meeting adds more forms, more rules, and less actual progress.

00:21That's basically why Munich Re, the world's largest reinsurer, just left several big climate alliances.

00:27They say the mountain of climate paperwork got so tall it was blocking real action,

00:33and the rules? Different everywhere, making things even messier.

00:37But here's the twist. Munich Re isn't ditching climate goals.

00:41They're still aiming for big cuts in emissions, net zero by 2050, and some targets even sooner.

00:48The company believes it can move faster solo, without the pile of forms slowing them down.

00:53But if more companies make the same call, what happens to teamwork on climate change?

00:59Is solo action really better than group effort when the stakes are this high?

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