On 28 July 2023, the European Commission published an interim report on climate resilience dialogue.
The Climate Resilience Dialogue, set up by the European Commission, aims to reduce the climate protection gap through facilitating exchanges between insurers, reinsurers, public authorities, and other stakeholders, such as real-estate developers and infrastructure operators, as set out in the 2021 EU Adaptation Strategy and in the Strategy for Financing the Transition to a Sustainable Economy. Both strategies are part of the European Green Deal and aim to increase and accelerate the EU’s efforts to protect nature, biodiversity, people and livelihoods against the unavoidable impacts of climate change.
The purpose of the interim report is twofold; it aims to take stock of the discussions held so far and prepares the ground for future work of the Dialogue, which will culminate in the publication of the final report. This report frames the problem statement of the group, which includes contextualizing and defining the climate protection gap, and provides a preliminary list of the areas or gaps for future focus. This report is the result of the contributions made by the Dialogue’s members and its content has been agreed by the Dialogue’s members.