Global insurance provider Zurich Insurance Group and risk capital and human capital solutions provider Aon have jointly launched a new clean hydrogen insurance facility to support the transition towards cleaner energy. This initiative aims to provide coverage for blue and green hydrogen projects, addressing the challenges associated with hydrogen production in industrial and transport sectors. With global hydrogen production heavily reliant on carbon-intensive methods, the facility emphasizes the importance of transitioning to cleaner production methods like green and blue hydrogen. The insurance coverage spans key areas of the hydrogen production value chain, offering protection for various risks throughout the project lifecycle, including operational cover, business interruption, and carbon capture technologies. The positive sentiment of the initiative is reflected in the strong demand it has witnessed, with participating insurers oversubscribing to the facility. The collaboration between Zurich and Aon signifies a proactive approach to supporting sustainable energy practices and managing risks in the energy sector. By providing comprehensive coverage for hydrogen projects, the insurance facility plays a crucial role in enabling investments and de-risking developments in the clean hydrogen space. This development highlights the growing importance of sustainable finance and risk management in driving the adoption of eco-friendly energy solutions like clean hydrogen in the global market.