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European Commission

European Commission News

All European Commission Posts

Finance

EU plans one-off bank stress tests to check climate resilience

The European Commission (EC) is asking the EU’s banking, insurance and securities regulators to conduct a stress test of the entire financial system. It is intended to check for vulnerabilities to climate-related risks and to assess the gaps in financing needed to achieve its ‘Fit for 55’ emissions reduction targets by 2030.

Standards

EU needs incentives to meet proposed building renovations targets

The EU is looking to impose more stringent energy efficiency standards for buildings, which would force a faster pace of renovations. Angelica Donati, chief executive of Donati Immobiliare Group and president of the industry association ANCE Giovani, says that targets should be complemented by state incentives to ensure that property owners can afford the retrofits.

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