EU Warns of Need to Prepare for 3°C Warming
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The European Commission has issued warnings about the increasing frequency of extreme weather events due to climate change. It has presented a new framework to strengthen Europe's ability to anticipate and prepare for climate risks, including a potential global warming of 3°C by 2100. The Commission emphasizes the economic impact of climate change, with estimated losses of around €200 billion between 2022 and 2025. It also highlights the need for companies to play a crucial role in adapting Europe's infrastructure and economy to future climate conditions, which will require annual investments of around €70 billion.
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