Martin Spolc

Head of Unit, Adaptation & Resilience to climate change, European Commission🇪🇺. Tweets are personal. RT≠endorsement.

[European Court of Auditors @EUauditors]

🌍 There is a risk that the EU’s adaptation policy might not keep pace with climate change, according to a report published today by the European Court of Auditors. Extreme climate events such as heatwaves ☀️, drought 🌾 and flooding 🌊 are occurring with increasing severity and frequency. They also have major economic consequences. 💶 While the EU has a sound framework for addressing the impact of climate change, adaptation policies experience issues when put into practice.

In short:

📌 At least €8 billion in 2014-2020 and €26 billion in 2021-2027 were earmarked for climate adaptation

📌 The majority of projects examined increased adaptive capacity, but around 40 % had little or no impact

📌 Progress towards climate adaptation difficult to measure

📺 Watch our video: https://t.co/b7MuTmU89b

🔗 Click below to read the full report 👇
https://t.co/fnC4HygvjN

#EUClimate #ClimateChange #ClimateAdaptation #ExtremeWeather #EUauditors

[Martin Spolc @MartinSpolc]

Výborný rozhovor @OndrejHouska @DusikJan @hospodarky 👏
🔓Odemykám 👉 https://t.co/TXcPK47Hrl

[Ondrej Houska @OndrejHouska]

Automobilky často naříkají, ale pak emisní cíle splní, říká Čech s nejvyšším vlivem na Green Deal https://t.co/1YM7tlmsj0 via @hospodarky

[Jan Dusík @DusikJan]

Celý profesní život (jakož i část studentských let) věnuji mezinárodní politice životního prostředí. Ač k tomu patří pocity zmaru či vzteku, je to úžasné poslání.
Díky autorům @KlubRvacu, že se mnou mou cestu ve svém podcastu prošli a dali mi dárek k #Světovýdenživotníhoprostředí

[EU Finance 🇪🇺 @EU_Finance]

What is the #EUTaxonomy’s uptake on the ground?

✅ €440bn capital investments into #EUTaxonomy aligned activities supporting the green transition
✅ 20% of companies’ capital investments are aligned with #EUTaxonomy on average

Check out our factsheet!
📈https://t.co/DMKDcO6gIA

[Martin Spolc @MartinSpolc]

Thank you @ESMAComms @EBA_News @eiopa_europa_eu for these useful reports.

Monitoring greenwashing risks is crucial to increase transparency & improve the reliability of sustainability claims in finance.

An important deliverable to ensure the integrity of the🇪🇺financial system

[ESMA - EU Securities Markets Regulator 🇪🇺 @ESMAComms]

🌍 ESAs Final Reports on #Greenwashing are out → https://t.co/GpUrm4u6kd

🥬 supervisory response to greenwashing risks
👁️ view of how sustainability-related supervision can be enhanced
🇪🇺 NCAs – steps 📢 supervision of sustainability-related claim

@EU_Finance @McGuinnessE🌍 ESAs Final Reports on #Greenwashing are out → https://t.co/GpUrm4u6kd

🥬 supervisory response to greenwashing risks
👁️ view of how sustainability-related supervision can be enhanced
🇪🇺 NCAs – steps 📢 supervision of sustainability-related claim

@EU_Finance @McGuinnessE🌍 ESAs Final Reports on #Greenwashing are out → https://t.co/GpUrm4u6kd

🥬 supervisory response to greenwashing risks
👁️ view of how sustainability-related supervision can be enhanced
🇪🇺 NCAs – steps 📢 supervision of sustainability-related claim

@EU_Finance @McGuinnessE🌍 ESAs Final Reports on #Greenwashing are out → https://t.co/GpUrm4u6kd

🥬 supervisory response to greenwashing risks
👁️ view of how sustainability-related supervision can be enhanced
🇪🇺 NCAs – steps 📢 supervision of sustainability-related claim

@EU_Finance @McGuinnessE🌍 ESAs Final Reports on #Greenwashing are out → https://t.co/GpUrm4u6kd

🥬 supervisory response to greenwashing risks
👁️ view of how sustainability-related supervision can be enhanced
🇪🇺 NCAs – steps 📢 supervision of sustainability-related claim

@EU_Finance @McGuinnessE🌍 ESAs Final Reports on #Greenwashing are out → https://t.co/GpUrm4u6kd

🥬 supervisory response to greenwashing risks
👁️ view of how sustainability-related supervision can be enhanced
🇪🇺 NCAs – steps 📢 supervision of sustainability-related claim

@EU_Finance @McGuinnessEU

[EU Finance 🇪🇺 @EU_Finance]

The Commission welcomes the guidance on the interoperability between the European and international sustainability reporting standards, which was published today by @EFRAG_Org and the International Sustainability Standards Board (ISSB) of the @IFRSFoundation. 1/4

#ESRS

[EU Finance 🇪🇺 @EU_Finance]

🌟Check out the new Finance News Hub – where you can keep up to date with all the latest @EU_Finance news on digital & sustainable finance, banking, capital markets union, sanctions and much more! #FinanceNewsHub 🧵 1/3
➡️ https://t.co/mrU0lAFIFL

[Martin Spolc @MartinSpolc]

@LudekNie @Europarl_EN Málokdo z Čechů si díky své pracovitosti, odbornosti a výsledkům vybudoval tak silný respekt napříč politického spektra v EP a rovněž i kolegů v Komisi, a tím i obrovský vliv na utváření a finální podobu evropského práva a politik zásadního významu jako @LudekNie. 👏👍

[Internal Market, Industry, Entrepreneurship & SMEs @EU_Growth]

Interested in how #SustainableFinanceEU policies and #InvestEU instruments💶support sustainable investments for EU businesses?

Register for the #EUSustainableFinanceDays on 29 May in Vilnius🇱🇹 or join online👉 https://t.co/oK6qdnUNcq

[Martin Spolc @MartinSpolc]

@KacaSaf @DusikJan @Aktualnecz @hospodarky 💣 skvělá zpráva!! 💪👍👏

[Martin Spolc @MartinSpolc]

🇨🇿@DusikJan appointed today as the 🆕 Deputy Director General of @EUClimateAction at the European Commission

Obrovská gratulace Honzo, velmi zaslouženě!

Jsme na Tebe hrdí a hodně štěstí!
👏👏👏🎉

👉https://t.co/D07xHEVdbi

[EU Finance 🇪🇺 @EU_Finance]

🎙️Podcast alert!

Listen now to our latest EU Finance Podcast episode with Elodie Feller of the Platform on Sustainable Finance and @EU_Commission expert Sophie Rathmes to learn more about financing the transition to a sustainable economy.

🎧 https://t.co/FaQNyPxIpY

[Valdis Dombrovskis @VDombrovskis]

Pleased to take part in today’s Coalition of Finance Ministers for #ClimateAction meeting at
@WorldBank & @IMFNews Spring Meetings.

We discussed:
✅national climate plans
✅role of finance ministries
✅importance of sustainable finance

[Martin Spolc @MartinSpolc]

Don’t miss this great and insightful speech about #SustainableFinanceEU by Commissioner @McGuinnessEU at UC Berkeley event, 'From Brussels to the Bay: EU, California and SEC Climate Disclosure requirements'
👉 https://t.co/YAVFVqMSbk

@EU_Finance @DejmekHack @abegasse

[Mairead McGuinness @McGuinnessEU]

Great to be @UCBerkeley to talk about EU work on sustainable finance & hear what’s happening in California.

The EU is committed to implementing our sustainable finance framework, preventing greenwashing & working with partners on sustainability reporting.

[EU Finance 🇪🇺 @EU_Finance]

Thanks to everyone who joined us at the #EUSustainableFinanceDays event in Madrid last week!

👀You can watch the event recording here:
➡️https://t.co/6bHeT4iiWG

All presentations are now also available: ➡️https://t.co/TlE5GWBmDX

[EU Finance 🇪🇺 @EU_Finance]

📢 Register until tomorrow to follow online: Workshop on financing the transition to a climate-neutral economy, 22 April.

It will cover:
❇️ Opportunities & uptake of the #SustainableFinanceEU toolkit
❇️ Transition finance & monitoring of capital flows

➡️https://t.co/LotWPb6I45

[EU Finance 🇪🇺 @EU_Finance]

Today we published a study on biodiversity-related financial risks.

It provides financial institutions with voluntary and flexible guidance on how they can best progressively integrate these risks into their sustainability decision-making and risk assessment processes.

1/2

[EIOPA 🇪🇺 @eiopa_europa_eu]

Occupational pension funds in 🇪🇺 manage approximately €2.5 trillion in investments.

In EIOPA's latest factsheet, we delve into how #pension funds allocate their #investments and examine what % of these can be considered #sustainable.🌲

➡️https://t.co/EVuUI9QP5T

#ESG #IORP

[Martin Spolc @MartinSpolc]

📢🗓️ Save the date: 2️⃣2️⃣ APRIL

Workshop on Financing the transition to a climate-neutral economy.

❇️ Opportunities & uptake of the EU sustainable finance toolkit on the ground

❇️ Progress of the Platform’s work

❇️ Transition finance & planning

👉 https://t.co/qqDXu4gPQt

[European Commission @EU_Commission]

Europe is warming twice as fast as other continents.

We need to better adapt to climate change now – while also reducing emissions.

In response to the first @EUEnvironment Climate Risk Assessment, we propose ways to build climate resilience and protect people and prosperity. ↓