The European Commission proposed a European Climate Resilience Law on 27 October 2026. It would require Greece and every other member state to publish a national climate risk assessment by 30 June 2029 and adopt a national strategic plan on climate resilience by 31 December 2030.
The text is a proposal for a regulation, COM(2026) 730. It is not in force. It becomes law only if the European Parliament and the Council of the EU adopt it.
Under the proposal, the European Environment Agency would publish an EU-wide climate risk assessment by 30 June 2028. The Commission would adopt an EU strategic plan on climate resilience by 30 September 2028. National risk assessments would be repeated every five years and published.
Member states would encourage public authorities to take a common reference warming trajectory into account in budgeting, spatial planning and environmental impact assessments. The Commission notes that current global commitments are projected to lead to around 2°C of warming by 2050 and around 3°C by the end of the century.
The proposal does not apply directly to private property owners. Its explanatory memorandum says the private sector is not directly subject to it, though it aims to raise awareness of climate risks.
The memorandum notes that 2026 European Semester country reports flagged inadequate insurance as a resilience issue. The proposal would give the EU insurance supervisor (EIOPA) resources to run an Observatory for Catastrophe Risk Insurability.
The Commission also pointed to the European Climate Viewer, a tool hosted on the EU’s Copernicus climate service, which shows what the warming trajectory means for different parts of Europe. It announced a European heatwave plan, a climate insurance alliance and a European water initiative, without dates.
What it means for buyers
Nothing changes for a property purchase in Greece today. The proposal sets duties for the EU and national authorities, not for owners or buyers.
If adopted, it would lead to published national risk assessments and ask authorities to consider climate projections in spatial planning. How Greece would apply this in its own planning rules is not yet known; Greek planning law has not been amended in response to this proposal.
What happens next
The European Parliament and the Council will now examine the proposal. No date for adoption has been set.
