- European Union 2026
- Chapter 6
Readings from the other desks
The baseline is read through each steward’s lens, then once as a whole. Each lens is a projection of reviewed findings, not a separate argument. The other desks’ own editions of this subject are listed first, as cross-references, not copies.
Contents
- ·Edition home
- ·Executive summary
- 1The Union’s risk is shared across borders and unevenly insured
- 2Key findings
- 3Systems and sectors at baseline
- 4Risks and capability
- 5Compound summer of heat, drought and fire
- 6Readings from the other desks
- 6.1 The other desks’ editions of this subject
- 6.2 Three lenses
- 6.3 Standards, Academy and steward contributions
- 6.4 GCRI reading: the model card
- 6.5 Global Risks Forum reading: editorial essays
- 6.6 Global Risks Alliance reading: q1 2027 readiness pack
- 6.7 Nexus Standards reading: standards and regulatory watch
- 6.8 Risk Academy reading: literature and evidence review, science and assessments
- 7The 2027 agenda
- 8Systems in depth
- AMethodology
- BData appendix
- CReferences and record
- ·Complete edition, for print
6.1The other desks’ editions of this subject
Federation: each desk writes its own edition for the subjects in its remit. Until a desk releases, its edition shows its frame and the reading this edition printed for it.
| Desk | Edition | State | Identifier |
|---|---|---|---|
| GCRI Systems Evidence | No edition of this subject at this desk in the 2026 Baseline cycle | Not in this cycle | |
| GRF Public Deliberation | No edition of this subject at this desk in the 2026 Baseline cycle | Not in this cycle | |
| GRA Capital Readiness | No edition of this subject at this desk in the 2026 Baseline cycle | Not in this cycle | |
| Standards Progress | Outside this desk’s remit | Not in remit | |
| Academy Capability | Outside this desk’s remit | Not in remit | |
| Index Measurement | No edition of this subject at this desk in the 2026 Baseline cycle | Not in this cycle |
6.2Three lenses
One edition, read by each steward. The lens of this site comes first.
GCRI · KEY T
Technical Truth
The evidence supports a coupled reading of the Union’s risk: heat, drought and fire are rising, imports still shape energy security, and finance is thin. Evidence is strongest for emissions, energy and climate monitoring, and weakest for care capacity, fertiliser dependence and digital dependencies.
CLI-001 · ENE-004 · FIN-010 · SYS-012
GRF · KEY M
Public Meaning
For most people risk arrives as a heatwave, a fire or a bill. The baseline asks that public debate weigh how an older population changes who is exposed, and how a shared market spreads supply and price shocks across borders.
HLT-007 · BIO-009 · TRD-005
GRA · KEY F
Capital Meaning
Readiness implications only. Less than 20% of losses were privately insured, and an EIOPA and ECB proposal for an EU-level scheme is under discussion2326. These show where finance-readiness evidence will matter. Nothing here is advice, a rating or a recommendation to invest.
FIN-010 · CLI-002
NEXUS
Synthesis
The Union is strong at monitoring and law-making and thinner at keeping water, health care and supply running through simultaneous multi-country events. The 2027 programme should map cross-border dependencies, test the compound summer and measure gas, fertiliser and care exposure.
SYS-012 · A-01 · A-02
6.3Standards, Academy and steward contributions
How the Nexus Standards drafts, the Risk Academy and the three stewards feed each quarterly edition for the European Union. The standards are preparatory working drafts (October 2026) and are cited as drafts, never as adopted standards.
| Quarter | Edition | Question | Boundary |
|---|---|---|---|
| Q1 | State and Agenda | What matters this year, and what is the starting position? | observed baseline stays distinct from planned work |
| Q2 | Evidence and Build | What new evidence and capability have been developed? | a configured capability is not a validated result |
| Q3 | Stress Test and Readiness | What do scenarios and tests reveal? | simulated loss or performance is not observed impact |
| Q4 | Annual Synthesis and Renewal | What did the year establish, and what changes next? | release follows review, not event publicity deadlines |
| Steward or body | Role | Contribution route |
|---|---|---|
| The Global Centre for Risk and Innovation (GCRI Canada) | Lead Institution and Consortium Secretariat; publisher of record; technical truth (key T) | science and practice communities · GCRI gateway |
| The Global Risks Forum (GRF) | leadership, dialogue and the Universe programme; public meaning (key M) | policy, Universe and national adoption · GRF gateway |
| The Global Risks Alliance (GRA) | finance, insurance and development readiness; capital meaning (key F) | finance and insurance · GRA gateway |
| Nexus Standards | preparatory drafts on vocabulary, hazards, indicators and methods | Standards site · working groups HAZ, IND, MTH, FIN, AI |
| Risk Academy | learning pathways tied to the agenda questions | Academy gateway · learning by review |
| European Union | national pathway: Desk, Leadership Council, Consortium, Working Groups | national Commons room |
Standards drafts used in this edition
- Risk vocabulary NRS-C1 (424 terms) for terms in the glossary
- Hazard atlas NHS-1 1.1.0 (905 hazards in 120 families) for risk objects
- Seven risk classes: global, catastrophic, existential, emerging, planetary, exponential, frontier-tech
Standards calendar to watch
- Founding calls from 20 October 2026; working groups meet from 5 November 2026
- Inaugural Global Standards Council session, 12 January 2027
- Quarterly reviews in March, June, September and December, aligned with each edition
6.4GCRI reading: the model card
GCRI’s reading of this edition is its model card: what the national model is, what it computes and where it stops. It is printed in full in Annex A, with the methods it belongs to. Annex A, methodology
6.5Global Risks Forum reading: editorial essays
Four signed essays by the Reports editorial team set out the positions this edition takes. They are interpretation, labelled as such; the evidence they draw on is in the findings register.
Heat, drought and fire do not stop at a border, and neither do the markets that carry their effects. The baseline treats the Union as one coupled system whose states carry unequal exposure, not as 27 separate ones.
EDITORIAL ESSAY · 01
The risk is shared
Net imports cover 57% of energy needs. The fall of Russian gas to 12% of imports is real, but the system now depends on other suppliers and on storage. Energy security is a trade question as much as a domestic one.
EDITORIAL ESSAY · 02
Security is imported
Floods and fires make headlines, but heat arrives every summer. A study models tens of thousands of heat-related deaths a year, mostly among older people, in a population that is ageing.
EDITORIAL ESSAY · 03
Heat is the everyday disaster
When less than a fifth of losses is privately insured, the rest falls on households and public budgets. How the Union spreads that cost is a design choice that is still open.
EDITORIAL ESSAY · 04
Insurance decides who pays
6.6Global Risks Alliance reading: q1 2027 readiness pack
The registers that open the first operational quarter. At baseline each is initialised from this edition.
| Item | Register | State at baseline | First Q1 2027 entry |
|---|---|---|---|
| E1 | National risk state delta | baseline set by this edition | changes against the baseline |
| E2 | WEFH+B state delta | five system readings set | indicator updates and freshness |
| E3 | Agenda and Portfolio movement | eight agenda items · 7 proposed objects | admission decisions |
| E4 | NWG delivery register | no groups yet | first monthly outputs |
| E5 | NNC capability register | membership opens in Q1 2027 | first contributions |
| E6 | NLC questions and challenges | none yet | first challenge log |
| E7 | Foundry technical state | environment prepared | first sealed cut |
| E8 | Publication candidates | twelve findings carried forward | PUBLISH · HOLD dispositions |
| E9 | Universe readiness | one candidate mission | admission and role spine |
| E10 | Correction register | none | first correction cycle |
Publication dispositions
- Publish
- Hold
- Needs evidence
- Restricted
- Superseded
6.7Nexus Standards reading: standards and regulatory watch
Instruments that shape the systems in this edition, by status on the retrieval date. The edition assesses no one’s compliance.
- IN FORCE
- ADOPTED
- SUBMITTED
- UNDER REVIEW
- PUBLISHED · VOLUNTARY
| Instrument | Body | Scope | Status | Relevance |
|---|---|---|---|---|
| European Climate Law as amended, Regulation (EU) 2026/66745 | European Parliament · Council | EU | IN FORCE | 2030 and 2040 targets |
| Paris Agreement and EU nationally determined contribution, 2035 range of 66.25% to 72.5%645 | UNFCCC · EU | international | SUBMITTED 2025 | emissions pathway |
| Renewable Energy Directive (EU) 2023/241311 | European Parliament · Council | EU | IN FORCE | 42.5% by 2030 |
| Regulation (EU) 2026/261 on Russian gas10 | European Parliament · Council | EU | IN FORCE 2026 | gas supply |
| Nature Restoration Regulation (EU) 2024/199128 | European Parliament · Council | EU | IN FORCE | restoration plans |
| Directives (EU) 2022/2557 and 2022/25553536 | European Parliament · Council | EU | IN FORCE | critical entities, network security |
| Critical Raw Materials Act, Regulation (EU) 2024/125237 | European Parliament · Council | EU | IN FORCE | supply benchmarks |
| Kunming-Montreal Framework44 | CBD | international | ADOPTED 2022 | 30by30 |
| AI Act, Regulation (EU) 2024/168938 | European Parliament · Council | EU | IN FORCE · PHASED | digital and compute |
Changed since 2024
6.8Risk Academy reading: literature and evidence review, science and assessments
The review behind this edition covers peer-reviewed science, national and international assessments and the institutional reports that bind its findings. Full systematic reviews begin in Q1 2027 for each agenda item.
Review protocol
- Question
- What does the published evidence establish about the European Union’s coupled water, energy, food, health and biodiversity risks?
- Sources searched
- peer-reviewed literature; national and international assessments; official releases; industry loss data
- Window
- releases available at evidence close, 30 September 2026
- Selection
- sources that bind or contextualise a finding in this edition
- Next step
- systematic reviews for agenda items A-01 to A-05 in Q1 2027
| Reference | Type | Year | Role | Used for |
|---|---|---|---|---|
| Lee and Romero (eds.)42 | assessment | 2023 | context | forcing |
| McElwee et al. (eds.)46 | assessment | 2024 | framework | nexus interlinkages |
| Zscheischler et al.47 | journal article | 2018 | framework | compound events |
| Janoš et al.17 | journal article | 2025 | supports | heat mortality |
| European Climate Risk Assessment24 | assessment | 2024 | supports | risk clusters |
| Foundational Edition48 | edition | 2026 | framework | series model |
| Reference | Issuer | Year | Role | Used for |
|---|---|---|---|---|
| Europe’s environment 202518 | EEA | 2025 | supports | water, nature |
| Trends and projections 20252 | EEA | 2025 | supports | emissions pathway |
| Water Resilience Strategy20 | European Commission | 2025 | supports | water policy |
| Preparedness Union Strategy39 | European Commission | 2025 | supports | capabilities |
| Stockpiling Strategy40 | European Commission | 2025 | supports | reserves |
| Reference | Issuer | Year | Role | Used for |
|---|---|---|---|---|
| GHG inventory 20261 | EEA | 2026 | supports | emissions |
| Renewables and imports78 | Eurostat | 2025 to 2026 | supports | energy |
| Population and demography1314 | Eurostat | 2026 | supports | profile |
| Farm structure3031 | Eurostat | 2023 to 2025 | supports | food |
| Locally acquired disease3334 | ECDC | 2025 | supports | health |
| Reference | Issuer | Year | Role | Used for |
|---|---|---|---|---|
| Protection gap dashboard25 | EIOPA | 2023 | context | protection gap |
| EIOPA and ECB joint paper26 | EIOPA · ECB | 2024 | context | scheme design |
| Economic losses indicator23 | EEA | 2025 | supports | losses |
| Wildfire season 202522 | JRC | 2026 | supports | fire |
| Nexus global baseline49 | GCRI | 2026 | context | series peers |
Where the evidence agrees
Notes
Numbers are the edition’s reference numbers, so a note reads the same in every chapter. The full list, with every source and its licence, is in Annex C. Annex C, references
- 23European Environment Agency (ed.), “Economic losses from weather- and climate-related extremes in Europe.” Indicator, EEA, Copenhagen, 14 October 2025, retrieved 2026-11-03.back
- 26European Insurance and Occupational Pensions Authority and European Central Bank (eds.), Towards a European system for natural catastrophe risk management. Joint paper, Frankfurt, 18 December 2024.back
- 4European Parliament and Council (eds.), Regulation (EU) 2026/667 amending Regulation (EU) 2021/1119 (2040 target). Official Journal of the European Union, 18 March 2026.back
- 5European Parliament and Council (eds.), Regulation (EU) 2021/1119 establishing the framework for achieving climate neutrality (European Climate Law). Official Journal of the European Union, 2021.back
- 6Council of the European Union (ed.), Updated nationally determined contribution of the European Union with a 2035 range of 66.25% to 72.5% net reduction against 1990. Submission to the UNFCCC, November 2025.back
- 45UNFCCC (ed.), Paris Agreement. United Nations, Paris, 2015.back
- 11European Parliament and Council (eds.), Directive (EU) 2023/2413 amending the Renewable Energy Directive (RED III). Official Journal of the European Union, 2023.back
- 10European Parliament and Council (eds.), Regulation (EU) 2026/261 on the phase-out of Russian natural gas imports. Official Journal of the European Union, 2 February 2026.back
- 28European Parliament and Council (eds.), Regulation (EU) 2024/1991 on nature restoration. Official Journal of the European Union, 2024.back
- 35European Parliament and Council (eds.), Directive (EU) 2022/2557 on the resilience of critical entities. Official Journal of the European Union, 2022.back
- 36European Parliament and Council (eds.), Directive (EU) 2022/2555 on measures for a high common level of cybersecurity (NIS2). Official Journal of the European Union, 2022.back
- 37European Parliament and Council (eds.), Regulation (EU) 2024/1252 establishing a framework for secure and sustainable supply of critical raw materials. Official Journal of the European Union, 2024.back
- 44Convention on Biological Diversity (ed.), Kunming-Montreal Global Biodiversity Framework, Decision 15/4. CBD Secretariat, Montreal, 2022.back
- 38European Parliament and Council (eds.), Regulation (EU) 2024/1689 laying down harmonised rules on artificial intelligence. Official Journal of the European Union, 2024.back
- 12European Parliament and Council (eds.), Regulation (EU) 2022/1032 on gas storage. Official Journal of the European Union, 2022.back
- 42H. Lee and J. Romero (eds.), Climate Change 2023: Synthesis Report. Contribution of Working Groups I, II and III to the Sixth Assessment Report of the IPCC. IPCC, Geneva, 2023.back
- 46P. D. McElwee, P. A. Harrison, T. L. van Huysen et al. (eds.), Thematic Assessment Report on the Interlinkages among Biodiversity, Water, Food and Health. IPBES secretariat, Bonn, 2024. doi:10.5281/zenodo.13850054. doi:10.5281/zenodo.13850054back
- 47J. Zscheischler, S. Westra, B. J. J. M. van den Hurk et al., “Future climate risk from compound events,” Nature Climate Change, vol. 8, pp. 469–477, 2018.back
- 17T. Janoš, M. Quijal-Zamorano, N. Shartova et al., “Heat-related mortality in Europe during 2024 and health emergency forecasting to reduce preventable deaths,” Nature Medicine, September 2025. doi:10.1038/s41591-025-03954-7. doi:10.1038/s41591-025-03954-7back
- 24European Environment Agency (ed.), European Climate Risk Assessment, EEA Report 01/2024. EEA, Copenhagen, March 2024.back
- 48S. Valadbaygi (ed.), Reports: The Foundational Edition, Volumes I and II. Reports series, Edition 2026–2030, V1.0. GCRI for the Nexus Consortium, Toronto, 2026.back
- 18European Environment Agency (ed.), Europe’s environment 2025. EEA, Copenhagen, 29 September 2025, retrieved 2026-11-03.back
- 2European Environment Agency (ed.), Trends and projections in Europe 2025, EEA Report 08/2025. EEA, Copenhagen, 6 November 2025, retrieved 2026-11-03.back
- 20European Commission (ed.), European Water Resilience Strategy. Communication, Brussels, 4 June 2025.back
- 39European Commission and High Representative (eds.), EU Preparedness Union Strategy. Joint Communication, Brussels, 26 March 2025.back
- 40European Commission (ed.), EU Stockpiling Strategy, COM(2025) 528. Brussels, 9 July 2025.back
- 1European Environment Agency (ed.), Annual European Union greenhouse gas inventory 1990 to 2024 and inventory document 2026, EEA Report 04/2026. EEA, Copenhagen, 17 April 2026, retrieved 2026-11-03.back
- 7Eurostat (ed.), “25.2% of energy EU used in 2024 came from renewables.” News article, Eurostat, Luxembourg, 18 December 2025, retrieved 2026-11-03.back
- 8Eurostat (ed.), “Energy in Europe: imports dependency.” News article, Eurostat, Luxembourg, 18 March 2026, retrieved 2026-11-03.back
- 13Eurostat (ed.), “EU population continued to grow in 2025.” News article, Eurostat, Luxembourg, 10 July 2026, retrieved 2026-11-03.back
- 14Eurostat (ed.), Demography of Europe, 2026 edition. Interactive publication, Eurostat, Luxembourg, May 2026, retrieved 2026-11-03.back
- 30Eurostat (ed.), “EU farms: 5.3 million fewer in 2020 than in 2005.” News article, Eurostat, Luxembourg, 3 April 2023, retrieved 2026-11-03.back
- 31Eurostat (ed.), Regions in Europe, 2025 edition. Interactive publication, Eurostat, Luxembourg, 2025, retrieved 2026-11-03.back
- 33European Centre for Disease Prevention and Control (ed.), Seasonal surveillance of chikungunya virus disease in the EU/EEA, 2025, data submitted to 31 December 2025. ECDC, Stockholm, retrieved 2026-11-03.back
- 34European Centre for Disease Prevention and Control (ed.), Seasonal surveillance of dengue in the EU/EEA, 2025, data submitted to 19 November 2025. ECDC, Stockholm, retrieved 2026-11-03.back
- 25European Insurance and Occupational Pensions Authority (ed.), Dashboard on insurance protection gap for natural catastrophes. EIOPA, Frankfurt, 2023.back
- 22Joint Research Centre (ed.), “2025 was the EU’s most destructive wildfire season on record.” News, European Commission, Ispra, 31 March 2026, retrieved 2026-11-03.back
- 49S. Valadbaygi (ed.), Global Systems Risk & Resilience Report 2026: Baseline Edition. GCRI for the Nexus Consortium, Toronto, 2026.back
- 15Copernicus Climate Change Service and World Meteorological Organization (eds.), European State of the Climate 2025. ECMWF, Bonn, 29 April 2026, retrieved 2026-11-03.back
