EU’s Insurance Watchdog Warns of Risks Tied to Extreme Heat October 1, 2026 By Frances Schwartzkopff Europe’s insurance and pensions watchdog warned extreme heat is adding to risks the industries face. The European Insurance and Occupational...
ECB Official Warns of ‘Chronic’ Climate Risk as Weather Shocks Mount September 28, 2026 By Frances Schwartzkopff The European Central Bank’s top climate official says a pattern is emerging whereby the cumulative impact of extreme weather shocks...
Europe Seen Spending More Than $500 Billion to Adapt to Climate Change September 23, 2026 By Frances Schwartzkopff Europe is expected to spend €500 billion ($571 billion) on climate resilience measures through 2035, according to a fresh analysis...
Bankers Hit EU Privacy Wall in Race to Stem Evolving Climate-Related Credit Risk September 21, 2026 By Claudia Cohen, Frances Schwartzkopff and Alastair Marsh Banks under pressure from European regulators to manage extreme weather risks are bumping up against client data-privacy barriers that are...
EU Plans Climate Insurance Pact After Hot ‘Summer of Truth’ September 16, 2026 By John Ainger The European Union will set up a “climate insurance alliance” to better cover losses as global warming increases the frequency...
Europe’s Credit Markets Shrug Off Climate Risks Despite Devastating Droughts August 27, 2026 By Selina Chen and Kat Hidalgo Severe droughts across Europe this summer led to huge wildfires, disrupted transport on critical routes, threatened power plants and hit...
Ocean Heat Threatens to Supercharge Storm Season in Europe August 19, 2026 By Laura Millan Rising temperatures in the ocean now have the potential to cause intense storms in Europe later this year, according to...
Climate Damage: The Next Hit to Europe’s Public Finances August 19, 2026 By Mark John and Yoruk Bahceli Someone will have to pick up the tab for the damage wrought by Europe’s increasingly volatile weather, and with the...
Europe’s Heatwaves Expose Insurance Gap as Business Losses Mount August 18, 2026 By Simon Jessop, Rebecca Delaney and Valentina Za For more than a century, cafes in the Italian city of Padua have welcomed customers for an early evening drink,...
Heatwaves Could Cost France €10 Billion-€15 Billion, Environment Minister Says August 12, 2026 The heatwaves that have hit France in recent months could result in €10 billion to €15 billion ($17 billion) in...