🌍 There is a risk that the EU’s adaptation policy might not keep pace with climate change, according to a report published today by the European Court of Auditors. Extreme climate events such as heatwaves ☀️, drought 🌾 and flooding 🌊 are occurring with increasing severity and frequency. They also have major economic consequences. 💶 While the EU has a sound framework for addressing the impact of climate change, adaptation policies experience issues when put into practice. In short: 📌 At least €8 billion in 2014-2020 and €26 billion in 2021-2027 were earmarked for climate adaptation 📌 The majority of projects examined increased adaptive capacity, but around 40 % had little or no impact 📌 Progress towards climate adaptation difficult to measure 📺 Watch our video: youtu.be/R2l6pydT2QQ 🔗 Click below to read the full report 👇 eca.europa.eu/en/publication… #EUClimate #ClimateChange #ClimateAdaptation #ExtremeWeather #EUauditors

Výborný rozhovor @OndrejHouska @DusikJan @hospodarky 👏 🔓Odemykám 👉 bit.ly/3XDE1Sk

Celý profesní život (jakož i část studentských let) věnuji mezinárodní politice životního prostředí. Ač k tomu patří pocity zmaru či vzteku, je to úžasné poslání. Díky autorům @KlubRvacu, že se mnou mou cestu ve svém podcastu prošli a dali mi dárek k #Světovýdenživotníhoprostředí

What is the #EUTaxonomy’s uptake on the ground? ✅ €440bn capital investments into #EUTaxonomy aligned activities supporting the green transition ✅ 20% of companies’ capital investments are aligned with #EUTaxonomy on average Check out our factsheet! 📈europa.eu/!tYq4vG

Thank you @ESMAComms @EBA_News @eiopa_europa_eu for these useful reports. Monitoring greenwashing risks is crucial to increase transparency & improve the reliability of sustainability claims in finance. An important deliverable to ensure the integrity of the🇪🇺financial system

The Commission welcomes the guidance on the interoperability between the European and international sustainability reporting standards, which was published today by @EFRAG_Org and the International Sustainability Standards Board (ISSB) of the @IFRSFoundation. 1/4 #ESRS

🌟Check out the new Finance News Hub – where you can keep up to date with all the latest @EU_Finance news on digital & sustainable finance, banking, capital markets union, sanctions and much more! #FinanceNewsHub 🧵 1/3 ➡️ europa.eu/!67tqD3

Interested in how #SustainableFinanceEU policies and #InvestEU instruments💶support sustainable investments for EU businesses? Register for the #EUSustainableFinanceDays on 29 May in Vilnius🇱🇹 or join online👉 lithuania.eu-sustainable-fin…

🇨🇿@DusikJan appointed today as the 🆕 Deputy Director General of @EUClimateAction at the European Commission Obrovská gratulace Honzo, velmi zaslouženě! Jsme na Tebe hrdí a hodně štěstí! 👏👏👏🎉 👉europa.eu/!3kJPjX

🎙️Podcast alert! Listen now to our latest EU Finance Podcast episode with Elodie Feller of the Platform on Sustainable Finance and @EU_Commission expert Sophie Rathmes to learn more about financing the transition to a sustainable economy. 🎧 europa.eu/!cKrGDm

Pleased to take part in today’s Coalition of Finance Ministers for #ClimateAction meeting at @WorldBank & @IMFNews Spring Meetings. We discussed: ✅national climate plans ✅role of finance ministries ✅importance of sustainable finance

Don’t miss this great and insightful speech about #SustainableFinanceEU by Commissioner @McGuinnessEU at UC Berkeley event, 'From Brussels to the Bay: EU, California and SEC Climate Disclosure requirements' 👉 europa.eu/!nhxRpf @EU_Finance @DejmekHack @abegasse

Thanks to everyone who joined us at the #EUSustainableFinanceDays event in Madrid last week! 👀You can watch the event recording here: ➡️youtube.com/watch?v=odat1V0H… All presentations are now also available: ➡️spain.eu-sustainable-finance…

📢 Register until tomorrow to follow online: Workshop on financing the transition to a climate-neutral economy, 22 April. It will cover: ❇️ Opportunities & uptake of the #SustainableFinanceEU toolkit ❇️ Transition finance & monitoring of capital flows ➡️finance.ec.europa.eu/events/…

Today we published a study on biodiversity-related financial risks. It provides financial institutions with voluntary and flexible guidance on how they can best progressively integrate these risks into their sustainability decision-making and risk assessment processes. 1/2

Occupational pension funds in 🇪🇺 manage approximately €2.5 trillion in investments. In EIOPA's latest factsheet, we delve into how #pension funds allocate their #investments and examine what % of these can be considered #sustainable.🌲 ➡️europa.eu/!BrvQxr #ESG #IORP

📢🗓️ Save the date: 2️⃣2️⃣ APRIL Workshop on Financing the transition to a climate-neutral economy. ❇️ Opportunities & uptake of the EU sustainable finance toolkit on the ground ❇️ Progress of the Platform’s work ❇️ Transition finance & planning 👉 europa.eu/!3qjmRt

Europe is warming twice as fast as other continents. We need to better adapt to climate change now – while also reducing emissions. In response to the first @EUEnvironment Climate Risk Assessment, we propose ways to build climate resilience and protect people and prosperity. ↓

The EU is leading on climate action. We should stay the course, creating opportunities for European industry to thrive in new global markets for clean technology. Today, we recommended a 2040 climate target and set out a number of enabling policy conditions to achieve it ↓

Thanks to those who followed the webinar! In case you missed it, you can watch it here ➡️ webcast.ec.europa.eu/webinar… 🧵 1/2