"Only 20% to 30% of climate-related risks are insured" (C. Hansen, Commissioner for Agriculture)

"In 2024, climate events - droughts and floods - directly caused the deaths of hundreds of people in Europe, particularly during the floods in Valencia, an event on a scale never before seen.
Climate change, and particularly droughts, is generating annual losses of €28 billion for the agricultural sector, both in terms of damages and yield...