The European Environment Agency | March 2024
Europe needs to adapt faster to rising climate risks. Extreme heat, drought, wildfires, and floods significantly threaten food security and financial stability. According to the analysis, Europe must better arm itself to counter that danger.
The European Climate Risk Assessment (EUCRA)* identifies 36 climate risks with potentially severe consequences across Europe. The risks are evaluated in risk severity, policy horizon (lead time and decision horizon), policy readiness, and risk ownership. Based on a structured risk assessment united with qualitative aspects, such as considering social justice, it further identifies priorities for EU policy action.

On p.16 of the report, The European Environment Agency explained its definition and concept of risk.
‘Climate risk is the potential for adverse consequences for human or ecological systems’.
EUCRA: “Relevant adverse consequences include those on lives, livelihoods, health and well-being, economic, social and cultural assets and investments, infrastructure, services (including ecosystem services), ecosystems, and species (IPCC conform, 2022e, Glossary).”
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