ECB Amends Bank Capital Reviews to Reflect Extreme Weather Risks June 17, 2025 By Frances Schwartzkopff The European Central Bank is embedding climate risk into regular reviews of how well banks can absorb losses, marking a...
European Homeowners Battle Insurers Over $2.9 Trillion Climate Risk June 13, 2025 By Claudia Cohen, Gautam Naik and Tom Fevrier When Bernard Weisse first noticed a tiny crack in the outer wall of his house on the outskirts of Paris,...
EU to Propose More Flexible Climate Goal, Sources Say May 30, 2025 By Kate Abnett The European Commission will propose a new EU climate target in July that includes flexibilities for how countries meet it,...
EU Almost on Track to Reach 2030 Climate Goal May 28, 2025 By Kate Abnett The European Union is nearly on track to reach its main climate target for this decade, with countries’ existing CO2-cutting...
Europe’s Farm Sector Loses €28 Billion a Year From Climate Risks May 21, 2025 By Celia Bergin The European Union’s agriculture industry is losing €28 billion ($31.5 billion) a year due to increasing climate risks, such as...
Global Banking Regulators Agree to Prioritize Climate Risk Work May 13, 2025 By Virginia Furness Global banking regulators on Monday agreed to intensify efforts to better understand the financial risks posed by climate change amid...
EU Plan to Water Down ESG Rules Risks Wave of Litigation, Legal Scholars Warn May 9, 2025 By Frances Schwartzkopff The European Union’s plan to slash the scope of new ESG regulations opens the door to a wave of litigation,...
EU Weighs International CO2 Credits to Meet New Climate Goal, Sources Say April 7, 2025 By Kate Abnett The European Commission is considering counting international carbon credits towards its next climate target, a move that could weaken the...
Europe’s Winter Storms Will Get Worse as Emissions Rise, Study Says March 14, 2025 By Joe Wertz Global carbon emissions are amplifying a North Atlantic wind pattern that drives northern Europe’s biggest winter storms, new research shows....
France Warns of Soaring Insurance Costs From Climate Change March 10, 2025 By Francois de Beaupuy French households, businesses and local authorities will face soaring costs for insurance if the country fails to adapt to a...