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News

Why natural disaster damages are on the rise

Storms, floods, hurricanes: In the long term, extreme weather conditions favored by climate change cause ever-higher damages – and thus higher costs for insurance companies. This is the conclusion of Munich Re's half-year results.

By Alexandra Endres

EIB strengthens European wind industry

The European Investment Bank issued its first counter-guarantee for European wind turbine manufacturers on Wednesday. This is the first time that the EIB has implemented a measure from the EU Commission's Wind Power Action Plan.

By Manuel Berkel

Bild: Imago / blickwinkel

Renewables: More electricity than from fossils

In the first half of 2024, the share of electricity from wind and solar in Europe exceeded that from fossil fuels for the first time. Spain is making particularly rapid progress in expanding renewables.

By