European Investment Bank (EIB) recently published the report “European firms and climate change 2020/2021: Evidence from the EIB Investment Survey”. The report sheds light on how European Union (EU) firms perceive climate risks, their investments to address the risks, and the key factors influencing their decisions. The report builds on the EIB’s EU-wide investment survey, which includes interviews with over 13,500 firms. The report also provides an overview of European Union (EU) firms’ preparedness to meet the challenges of climate change and the energy transition.