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ECB Climate Chief Warns of Chronic Risk from Mounting Weather Shocks

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The European Central Bank's top climate official has sounded an alarm about the growing risk of chronic climate change. According to Irene Heemskerk, head of the Climate Change Centre at the ECB, a pattern is emerging where extreme weather shocks are becoming a persistent threat. 'There is a chronic impact that is slowly surfacing,' she said.

The cumulative effect of these events can lead to secondary effects and disruptions in supply chains or even affect people's productivity. Heemskerk emphasized that this is not just a short-term issue, but rather a long-term problem that requires attention now. The source does not provide further details on the specific weather-related events Heemskerk is referring to.

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