ECB Study Shows Greece, Portugal, Spain And Malta Companies The Most Exposed To Physical Risks Of Climate Change

Banks in southern Europe are set to be among the hardest hit if climate change is not mitigated as their clients are most exposed to natural hazards such as wildfires, a European Central Bank study that has just been issued showed.

The ECB has run simulations on more than 1,600 euro zone banks to find out how they would cope with the consequences of climate change, such as natural disasters and the introduction of policies aimed at reducing emissions.

Latest News

Social partners discuss ESF+

July 17, 2021

Gozo’s first Reverse Osmosis is expected to become operational by the end of the year

June 30, 2021

Malta Welcomes Council Approval For Digital Green Certificate

April 23, 2021

Rural roads in Qrendi get facelift through EU funds

April 13, 2021

Three projects in favour of improving the life of Valletta residents

April 8, 2021

Commission opens new Erasmus+ application

April 6, 2021

Most enterprises that have benefitted from European funds intend to apply for more funding

March 18, 2021

Malta Gets €244 Million From The EU’s SURE Funds To Protect Jobs And Businesses

March 17, 2021

Malta Prime Minister European Union Flags Auberge de Castille

€2.8 Million In European Funds For Malta For The Implementation Of Policy Reforms And Capacity Building

March 2, 2021

This was created and maintained with the financial support of the European Union. Its contents are the sole responsibility of and do not necessarily reflect the views of the European Union