PRESS RELEASE – Capital markets Union, sustainable finance and disaster risk reduction

Disaster Risk Reduction is a key component of sustainable finance and needs to be urgently addressed– this was one of key messages stressed at a major event in the European Parliament on 27 February organized by UNISDR (the UN Office of the United Nations for Disaster Risk Reduction) and FeBAF (Italian Banking Insurance and Finance Federation). Capital markets Union, sustainable finance and disaster risk reduction are all strongly connected: Europe is highly exposed to catastrophic risks but opportunities are being created for enabling a change of gear.