The European Commission’s EU Framework for Climate Resilience sets out a common approach to managing climate risks and incorporating resilience into long-term policy and investment decisions. The Commission’s framework sets out a common approach to managing climate risks and incorporating resilience into long-term policy and investment decisions. It includes a proposal for a European Climate Resilience Law.
A study commissioned by the Commission’s Directorate-General for Climate Action estimates that the EU, its member states and the private sector should invest about €70 billion annually in climate adaptation until 2050. It puts annual needs at about €30 billion for infrastructure, €21 billion for ecosystems and €12 billion for food security, and says the current supply of adaptation finance is insufficient.
Linklaters said the proposed law addresses public authorities, not businesses directly. It would establish a shared reference warming trajectory, regular climate-risk assessments and national climate-resilience plans. Linklaters said the draft law does not create a new funding mechanism for climate-resilience measures.
Under the proposal, the European Environment Agency would complete an EU-wide climate-risk assessment by 30 June 2028, followed by national assessments by 30 June 2029. The Commission would adopt an EU-wide strategic plan by 30 September 2028, and member states would adopt national plans by 31 December 2030.