Draft, not yet released. In stewardship review. Not indexed until the first approved release.

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.

13 min read0 figures8 tables39 notesNR-COUNTRY-EU-2026-BASELINE

Contents
  1. ·Edition home
  2. ·Executive summary
  3. 1The Union’s risk is shared across borders and unevenly insured
  4. 2Key findings
  5. 3Systems and sectors at baseline
  6. 4Risks and capability
  7. 5Compound summer of heat, drought and fire
  8. 6Readings from the other desks
    1. 6.1 The other desks’ editions of this subject
    2. 6.2 Three lenses
    3. 6.3 Standards, Academy and steward contributions
    4. 6.4 GCRI reading: the model card
    5. 6.5 Global Risks Forum reading: editorial essays
    6. 6.6 Global Risks Alliance reading: q1 2027 readiness pack
    7. 6.7 Nexus Standards reading: standards and regulatory watch
    8. 6.8 Risk Academy reading: literature and evidence review, science and assessments
  9. 7The 2027 agenda
  10. 8Systems in depth
  11. AMethodology
  12. BData appendix
  13. CReferences and record
  14. ·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.

DeskEditionStateIdentifier
GCRI Systems EvidenceNo edition of this subject at this desk in the 2026 Baseline cycleNot in this cycle
GRF Public DeliberationNo edition of this subject at this desk in the 2026 Baseline cycleNot in this cycle
GRA Capital ReadinessNo edition of this subject at this desk in the 2026 Baseline cycleNot in this cycle
Standards ProgressOutside this desk’s remitNot in remit
Academy CapabilityOutside this desk’s remitNot in remit
Index MeasurementNo edition of this subject at this desk in the 2026 Baseline cycleNot 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.

Table 6.1The quarterly rhythm every edition follows
QuarterEditionQuestionBoundary
Q1State and AgendaWhat matters this year, and what is the starting position?observed baseline stays distinct from planned work
Q2Evidence and BuildWhat new evidence and capability have been developed?a configured capability is not a validated result
Q3Stress Test and ReadinessWhat do scenarios and tests reveal?simulated loss or performance is not observed impact
Q4Annual Synthesis and RenewalWhat did the year establish, and what changes next?release follows review, not event publicity deadlines
Table 6.2Who contributes what each quarter
Steward or bodyRoleContribution 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 Standardspreparatory drafts on vocabulary, hazards, indicators and methodsStandards site · working groups HAZ, IND, MTH, FIN, AI
Risk Academylearning pathways tied to the agenda questionsAcademy gateway · learning by review
European Unionnational pathway: Desk, Leadership Council, Consortium, Working Groupsnational 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.

Table 6.3Q1 2027 readiness pack
ItemRegisterState at baselineFirst Q1 2027 entry
E1National risk state deltabaseline set by this editionchanges against the baseline
E2WEFH+B state deltafive system readings setindicator updates and freshness
E3Agenda and Portfolio movementeight agenda items · 7 proposed objectsadmission decisions
E4NWG delivery registerno groups yetfirst monthly outputs
E5NNC capability registermembership opens in Q1 2027first contributions
E6NLC questions and challengesnone yetfirst challenge log
E7Foundry technical stateenvironment preparedfirst sealed cut
E8Publication candidatestwelve findings carried forwardPUBLISH · HOLD dispositions
E9Universe readinessone candidate missionadmission and role spine
E10Correction registernonefirst 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
Table 6.4Standards and regulatory watch
InstrumentBodyScopeStatusRelevance
European Climate Law as amended, Regulation (EU) 2026/66745European Parliament · CouncilEUIN FORCE2030 and 2040 targets
Paris Agreement and EU nationally determined contribution, 2035 range of 66.25% to 72.5%645UNFCCC · EUinternationalSUBMITTED 2025emissions pathway
Renewable Energy Directive (EU) 2023/241311European Parliament · CouncilEUIN FORCE42.5% by 2030
Regulation (EU) 2026/261 on Russian gas10European Parliament · CouncilEUIN FORCE 2026gas supply
Nature Restoration Regulation (EU) 2024/199128European Parliament · CouncilEUIN FORCErestoration plans
Directives (EU) 2022/2557 and 2022/25553536European Parliament · CouncilEUIN FORCEcritical entities, network security
Critical Raw Materials Act, Regulation (EU) 2024/125237European Parliament · CouncilEUIN FORCEsupply benchmarks
Kunming-Montreal Framework44CBDinternationalADOPTED 202230by30
AI Act, Regulation (EU) 2024/168938European Parliament · CouncilEUIN FORCE · PHASEDdigital and compute

Changed since 2024

  • The 90% net cut for 2040 entered the Climate Law in 20264
  • The Union submitted its 2035 range in November 20256
  • The Russian gas phase-out regulation took effect on 3 February 202610

To watch in 2027

  • Long-term LNG ban from 1 January 2027 and pipeline gas phase-out by 30 September 202710
  • Status and extension of the gas storage rules12
  • Application dates under the AI Act38

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
Table 6.5Science and assessments
ReferenceTypeYearRoleUsed for
Lee and Romero (eds.)42assessment2023contextforcing
McElwee et al. (eds.)46assessment2024frameworknexus interlinkages
Zscheischler et al.47journal article2018frameworkcompound events
Janoš et al.17journal article2025supportsheat mortality
European Climate Risk Assessment24assessment2024supportsrisk clusters
Foundational Edition48edition2026frameworkseries model
Table 6.6Institutional reports
ReferenceIssuerYearRoleUsed for
Europe’s environment 202518EEA2025supportswater, nature
Trends and projections 20252EEA2025supportsemissions pathway
Water Resilience Strategy20European Commission2025supportswater policy
Preparedness Union Strategy39European Commission2025supportscapabilities
Stockpiling Strategy40European Commission2025supportsreserves
Table 6.7Official statistics and national sources
ReferenceIssuerYearRoleUsed for
GHG inventory 20261EEA2026supportsemissions
Renewables and imports78Eurostat2025 to 2026supportsenergy
Population and demography1314Eurostat2026supportsprofile
Farm structure3031Eurostat2023 to 2025supportsfood
Locally acquired disease3334ECDC2025supportshealth
Table 6.8Industry, loss data and international sources
ReferenceIssuerYearRoleUsed for
Protection gap dashboard25EIOPA2023contextprotection gap
EIOPA and ECB joint paper26EIOPA · ECB2024contextscheme design
Economic losses indicator23EEA2025supportslosses
Wildfire season 202522JRC2026supportsfire
Nexus global baseline49GCRI2026contextseries peers

Where the evidence agrees

  • Europe is warming faster than the global average1542
  • Heat and fire exposure is rising across the continent1522
  • Ageing increases vulnerability to heat1417

Where it is unsettled

  • How to compare inventory and target bases of net emissions12
  • How fast renewables can close the gap to 42.5%7
  • How many heat deaths each member state records, since the study is modelled17

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

  1. 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
  2. 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
  3. 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
  4. 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
  5. 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
  6. 45UNFCCC (ed.), Paris Agreement. United Nations, Paris, 2015.back
  7. 11European Parliament and Council (eds.), Directive (EU) 2023/2413 amending the Renewable Energy Directive (RED III). Official Journal of the European Union, 2023.back
  8. 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
  9. 28European Parliament and Council (eds.), Regulation (EU) 2024/1991 on nature restoration. Official Journal of the European Union, 2024.back
  10. 35European Parliament and Council (eds.), Directive (EU) 2022/2557 on the resilience of critical entities. Official Journal of the European Union, 2022.back
  11. 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
  12. 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
  13. 44Convention on Biological Diversity (ed.), Kunming-Montreal Global Biodiversity Framework, Decision 15/4. CBD Secretariat, Montreal, 2022.back
  14. 38European Parliament and Council (eds.), Regulation (EU) 2024/1689 laying down harmonised rules on artificial intelligence. Official Journal of the European Union, 2024.back
  15. 12European Parliament and Council (eds.), Regulation (EU) 2022/1032 on gas storage. Official Journal of the European Union, 2022.back
  16. 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
  17. 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
  18. 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
  19. 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
  20. 24European Environment Agency (ed.), European Climate Risk Assessment, EEA Report 01/2024. EEA, Copenhagen, March 2024.back
  21. 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
  22. 18European Environment Agency (ed.), Europe’s environment 2025. EEA, Copenhagen, 29 September 2025, retrieved 2026-11-03.back
  23. 2European Environment Agency (ed.), Trends and projections in Europe 2025, EEA Report 08/2025. EEA, Copenhagen, 6 November 2025, retrieved 2026-11-03.back
  24. 20European Commission (ed.), European Water Resilience Strategy. Communication, Brussels, 4 June 2025.back
  25. 39European Commission and High Representative (eds.), EU Preparedness Union Strategy. Joint Communication, Brussels, 26 March 2025.back
  26. 40European Commission (ed.), EU Stockpiling Strategy, COM(2025) 528. Brussels, 9 July 2025.back
  27. 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
  28. 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
  29. 8Eurostat (ed.), “Energy in Europe: imports dependency.” News article, Eurostat, Luxembourg, 18 March 2026, retrieved 2026-11-03.back
  30. 13Eurostat (ed.), “EU population continued to grow in 2025.” News article, Eurostat, Luxembourg, 10 July 2026, retrieved 2026-11-03.back
  31. 14Eurostat (ed.), Demography of Europe, 2026 edition. Interactive publication, Eurostat, Luxembourg, May 2026, retrieved 2026-11-03.back
  32. 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
  33. 31Eurostat (ed.), Regions in Europe, 2025 edition. Interactive publication, Eurostat, Luxembourg, 2025, retrieved 2026-11-03.back
  34. 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
  35. 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
  36. 25European Insurance and Occupational Pensions Authority (ed.), Dashboard on insurance protection gap for natural catastrophes. EIOPA, Frankfurt, 2023.back
  37. 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
  38. 49S. Valadbaygi (ed.), Global Systems Risk & Resilience Report 2026: Baseline Edition. GCRI for the Nexus Consortium, Toronto, 2026.back
  39. 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

Cite this chapter

Valadbaygi, S. (Ed.). (2026). Chapter 6: Readings from the other desks. In European Union Systems Risk and Resilience Report 2026: The State of the European Union’s Interdependent Systems (Baseline Edition 2026, Report No. NR-COUNTRY-EU-2026-BASELINE) [Draft under review]. The Global Centre for Risk and Innovation (GCRI).

Every citation form of the whole report, BibTeX and RIS included, is on the edition home. Cite this report

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