“Climate researchers expect that strong and very strong storms – similarly to hurricanes – will increase in frequency, with so-called ‘weather bombs’ also being possible. Weather bomb is the term used to describe an event in which an area of low pressure intensifies considerably in a very short time.”
As climate change becomes a matter of resilience for our societies, tomorrow’s success for companies will start with professional risk management now.
FERMA is calling on the European Union to foster much wider access to climate-related risk data. FERMA yesterday submitted a position paper in its response to the online public consultation on the evaluation of the EU's Strategy on Adaptation to Climate Change
A high-level conference will take place on 22 March 2018 in Brussels to discuss the final report of the EU High-Level Expert Group on Sustainable Finance (HLEG) and EU strategy.
European risk managers share the priorities expressed in the World Economic Forum Global Risk Report 2018 published on 17 January about the threat to the environment from extreme environmental events, the potential failure of climate change adaptation, and cyber risks.