Category:

Disaster & Management

Extreme Weather: Euro Zone could lose 5% of GDP, says ECB

“Climate-related risks are an immediate concern for financial stability and economic growth,” Stracca and Bundesbank board member Sabine Mauderer said in a blog published by the ECB Extreme weather events such as heatwaves, flooding and wildfires could wipe as much...

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Clean energy assets face climate risks, Zurich Insurance Says

Clean energy assets face climate risks, Zurich Insurance Says

Roughly 46% of Europe’s total renewable generation capacity will be at “critical risk” from the fallout of climate change unless owners do more to protect existing and planned assets, according to a report by Zurich Resilience Solutions, a unit of Zurich Insurance...

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