GERMAN insurance group Gerling is providing financial and managerial support to a ground-breaking environmental initiative in the hope that it will be copied and that the company will be asked to underwrite similar initiatives because of its expertise.

Gerling's Sustainable Development Project (GSDP) has teamed up with the European Union and the Greek government to build a desalination plant for the parched Cyclades island of Milos, which is powered by heat from the Earth's upper crust. The island is running out of groundwater ...

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