70 billion per year: European Commission wants countries to better prepare against climate disruption

The European Commission emphasizes the need for an annual investment of €70 billion to combat climate change impacts, as outlined in the Climate Resilience Framework. This plan addresses the increasing severity of climate-related events in Europe, such as heatwaves and flooding, which have already resulted in significant economic losses and health crises. The Commission argues that every euro invested could yield substantial returns by preventing future damages. Adaptation measures are crucial as greenhouse gas emissions continue to rise, with projections indicating a potential temperature increase of 2 to 3 degrees by 2100. The framework includes practical tools and plans for vulnerable areas, but critics, including WWF, argue for more concrete goals and prioritization of nature-based solutions.