• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Flames and smoke rise from a tree line as a wildfire burns at the Dadia National Park on the region of Evros, Greece, September 1, 2023. Alexandros Avramidis
Flames and smoke rise from a tree line as a wildfire burns at the Dadia National Park on the region of Evros, Greece, September 1, 2023. Alexandros Avramidis
Home
World
Europe

EU's disaster response fund at limit as climate crises mount

September 12th, 2023 | 10:36 AM WORLD Europe 2

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Ousted Ukrainian defence minister's gamble against Zelenskiy backfires as protests end
Romania destroys marine drone near Neptun Deep gas project, minister says
Ukraine's parliament approves Yevhenii Khmara as new defence minister
Russian drone attacks kill five in Ukraine's Kherson, governor says
By Kate Abnett

The European Commission warned on Tuesday that the EU urgently needs more funding to respond to climate change-fuelled crises after its emergency aid reserve was exhausted in both 2021 and 2022 and natural disasters have increased this year.

Europe is emerging from another summer of extreme weather and climate impacts. Devastating floods in Slovenia killed at least six people, Greece was battered by deadly wildfires and storms and record-breaking drought ravaged farming in Spain.

In July and August alone, the European Union's emergency response centre - which coordinates the delivery of assistance to crisis-hit countries - was called upon 12 times, in response to wildfires, floods and emergencies in Ukraine, European Commissioner for Crisis Management Janez Lenarcic said.

The EU's solidarity and emergency aid reserve, which helps European countries in an emergency, has a maximum annual budget of 1.2 billion euros ($1.29 billion).

The Commission wants to add an extra 2.5 billion euros to the reserve in 2024-2027 as part of an ongoing review of the EU's seven-year budget. EU countries and lawmakers would need to negotiate and approve the extra cash, but there is reluctance among governments to chip in more money.

"The EU civic protection mechanism, Europe's disaster response system, is already working at full operational level," Lenarcic told a meeting of the EU Parliament in Strasbourg.

"Resources are strained at the limits. Soon, we might not be able to help when needed," he said.

With requests for emergency assistance up by 400% in the last two years, Lenarcic said the EU's current budget for disaster response is too small.

"We need more financial reinforcement," Lenarcic said, adding that bigger investments are also needed to prevent disasters, for example, through sustainable forest management to limit fires, and cut the CO2 emissions causing climate change.

Greek member of EU Parliament (MEP) Vangelis Meimarakis urged the EU to do more to aid countries hit by worsening extreme weather.

"All Greek MEPs call upon you, regardless of their political group, to carry out powerful steps to help," he said.

($1 = 0.9326 euros)

  • Topic
  • CLIMATE
  • CRISIS
  • CHANGE/EU
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Ousted Ukrainian defence minister's gamble against Zelenskiy backfires as protests end

Related Posts

Europe
August 20th, 2026

Ousted Ukrainian defence minister's gamble against Zelenskiy backfires a...

Europe
August 20th, 2026

Romania destroys marine drone near Neptun Deep gas project, minister say...

Europe
August 19th, 2026

Ukraine's parliament approves Yevhenii Khmara as new defence minister

Europe
August 19th, 2026

Russian drone attacks kill five in Ukraine's Kherson, governor says

Europe
August 19th, 2026

ECB's Rehn says wage growth remains moderate, no second-round effects

Europe
August 19th, 2026

Ukraine's anti-corruption agencies launch probe ahead of key defence min...

The Wire
Aug 20th 3 h ago
Formula 1

TWG Global says Cadillac F1 team and motorsport interests n...

Aug 20th 3 h ago
Soccer

Carrick praises Rashford's revival as Manchester United eye...

Aug 20th 4 h ago
Tennis

Alcaraz confirms US Open return after four-month injury lay...

Aug 20th 4 h ago
Asia Pacific

UN says two staff members detained in Afghanistan have been...

Aug 20th 4 h ago
Sports

Jets' Woody Johnson buys minority stake in Aston Martin F1 ...

TRENDING ON FINANCETIME
Aug 20th, 2026 Transactional

Carlyle-backed YipitData explores $2.5 billion-plus sale, sources say

Aug 20th, 2026 Sports

Blue Jays' Vladimir Guerrero Jr. (concussion) on rehab assignment

Aug 20th, 2026 Business

US Treasury buyback briefly eases bond rout, but debt worries persist

Aug 20th, 2026 Sports

Colts TE Tyler Warren (groin) to miss one week

Aug 20th, 2026 Cricket

Bangladesh Premier League will not take place this season, says BCB president

Markets-Sectors
TECHNOLOGY -0.29%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT