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Financing Climate Adaptation: Sustainable investments in adaptation are harmonised in a European Union taxonomy

Sustainable investments in adaptation are harmonised in a European Union taxonomy that needs to cover more economic activities over time and is globally applicable. Via investments that are labelled sustainable, the financial sector can promote and support adaptation measures to reduce physical climate risks. Residual risks can be transferred via insurance mechanisms.

Read more on the Climate Adapt website

The European Commission Delegated Regulation (EU) 2021/2139 of 4 June 2021 can be found here.

Date: 09 Dec 2021