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EU Climate Resilience Plan Targets 25% Insurance Coverage Gap

By Drooid · Oct 27, 2026, 6:33 PM UTC · How we work

Summary

Story summary

The European Commission unveiled a Climate Resilience package assigning disaster-protection responsibility to member states.
The plan estimates €200 billion climate losses from 2022-2025, about €50 billion each year.
It creates a Climate Insurance Alliance to boost insurance uptake, with first actions by end-2027.
Only roughly 25 % of climate-exposed assets are insured, leaving a large protection gap.
NGOs say the draft lacks targets, funding and monitoring of nature-based solutions.

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Story summary

The European Commission unveiled a Climate Resilience package assigning disaster-protection responsibility to member states.
The plan estimates €200 billion climate losses from 2022-2025, about €50 billion each year.
It creates a Climate Insurance Alliance to boost insurance uptake, with first actions by end-2027.
Only roughly 25 % of climate-exposed assets are insured, leaving a large protection gap.
NGOs say the draft lacks targets, funding and monitoring of nature-based solutions.