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Seven EU economic governance reforms for a stronger, greener and more resilient Europe
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EU economic governance should support, rather than undermine the goals of the European Union, according to the Climate Action Network Europe (CAN) that has published a policy briefing recently. The fiscal consequences of not making the precautionary investments and reforms needed to mitigate and adapt to climate change are mentioned. CAN Europe is a non-profit organisation receiving funding from the European Commission, governments, foundations as well as contributions and membership fees from its member organisations.
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Report shows uneven impacts of climate change for the EU financial sector
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The European Central Bank (ECB) and the European Systemic Risk Board (ESRB) have published the “Climate-related risk and financial stability”, a report that maps out prospective financial stability risks and establishes a detailed topology of physical and transition risks arising from climate change across regions, sectors and firms.
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Dashboard on insurance protection gap for natural catastrophes
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The European Insurance and Occupational Pensions Authority (EIOPA) has launched its first pilot dashboard, which depicts the insurance protection gap for natural catastrophes. The aim is to represent the drivers of a climate-related insurance protection gap in order to identify measures that will help in decreasing society’s losses in the event of natural catastrophes. EIOPA is also inviting stakeholders to provide their views by 31 March 2021 by filling in a survey.
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COACCH project: Innovative ways to assess climate change risks and costs
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The EU-funded COACCH project (CO-designing the Assessment of Climate CHange costs) aims to advance knowledge regarding climate change impacts and policy that can be used directly by stakeholder communities. The project is taking a specific approach to ensure producing knowledge which can be communicated, disseminated and applied in a timely manner.
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Call for applications for selection of members of the technical expert group on sustainable finance
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The European Commission has published a call for applications with a view to selecting members for a technical expert group on sustainable finance. The group will assist the Commission in the development of
an EU taxonomy of climate change mitigation and climate change adaptation. The call is open until 16 April 2018.
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