Europe’s Credit Markets Shrug Off Climate Risks Despite Devastating Droughts
Severe droughts across Europe this summer led to huge wildfires, disrupted transport on critical routes, threatened power plants…
Ocean Heat Threatens to Supercharge Storm Season in Europe
Rising temperatures in the ocean now have the potential to cause intense storms in Europe later this year,…
Climate Damage: The Next Hit to Europe’s Public Finances
Someone will have to pick up the tab for the damage wrought by Europe’s increasingly volatile weather, and…
Europe’s Heatwaves Expose Insurance Gap as Business Losses Mount
For more than a century, cafes in the Italian city of Padua have welcomed customers for an early…
‘Chronic’ Heat Risk in Europe Draws Warning From Swiss Re Unit
As Europe comes to grips with its fifth heat wave this year, the research arm of Swiss Re…
Heat, drought, fire: Europe needs to restore wetlands, rivers and landscapes
Europe is experiencing climate whiplash. As a record-breaking heatwave has recently swept across the continent, wildfires are spreading,…
Banks’ Exposure to Heat-Related Losses Faces Scrutiny in EU
Europe’s bank watchdog will look at how exposed lenders are to heat-related risks, as temperature records keep getting…
European Firefighters Warn They’re Ill-Prepared for a Bad Wildfire Season
Europe is facing another summer of intense wildfires, but firefighters who will be on the frontline warn that…
Viewpoint: How Climate Change Is Creating Uninsurable Areas Across Europe
Uninsurable areas refer to places where property insurance has become either impossible to get or to afford. This…