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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Headlines

    Climate change and pollution threaten Europe's resources, EU warns

    Climate change and pollution threaten Europe's resources, EU warns

    Published by Global Banking and Finance Review

    Posted on September 29, 2025

    Featured image for article about Headlines

    AMSTERDAM (Reuters) -Climate change and environmental degradation pose a direct threat to the natural resources that Europe needs for its economic security, the EU's environmental agency said on Monday.

    The European Environment Agency said biodiversity in Europe is declining due to unsustainable production and consumption, especially in the food system.

    Due to over-exploitation of natural resources, pollution and invasive alien species, more than 80% of protected habitats are in a poor or bad state, it said, while water resources are also under severe pressure.

    EUROPE'S FASTEST-WARMING CONTINENT

    "The degradation of our natural world jeopardises the European way of life," the agency said in its report: "Europe's environment 2025".

    "Europe is critically dependent on natural resources for economic security, to which climate change and environmental degradation pose a direct threat."

    Europe is the world's fastest-warming continent and is experiencing worsening droughts and other extreme weather events.

    But governments are grappling with other priorities including industrial competitiveness, and negotiations on EU climate targets have stoked divisions between richer and poorer countries.

    EU countries last week confirmed that the bloc will miss a global deadline to set new emissions-cutting targets due to divisions over the plans among EU governments.

    TIME RUNNING OUT, AGENCY SAYS

    "The window for meaningful action is narrowing, and the consequences of delay are becoming more tangible," executive director Leena Yla-Mononen said.

    "We are approaching tipping points - not only in ecosystems, but also in the social and economic systems that underpin our societies."

    (Reporting by Bart Meijer. Editing by Mark Potter)

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