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F5\/s9XCNR1uN\/AxTKs3WvWkdlU7cCiV5Zv5L+e+Iz8kNRstXuIBMKEoNJuW9iBEaiBD7GUrJUA8K54DZlvngEyrwjEkdxY4yR02YTXK5RtRVWEND6RpPmTI+ZAi50O\/cgcSQq4Bw6BQKsFvYE+WbGhpDJOInEljC5g7DH0mjmkzwx5b0QnTmsAs0b9QQYMnwLRFrUoOPbPsfIPzwCkoA6uJ7T8lig+dB0LIiZjRQ3YWOEmJn8WbklDLKd42uTG6\/2PkqThEnuDVQjspPSXyIyCIZ6WHPcxpkjF0PaaaB2cpqGcvpG0b3Gv212tvY2leAhYhsyjMeAgniT1C0rUaJms1Klur4UvWaoRXY8GoRwJNRgXuxaxB4k23GhVQO\/2mo2Z64Omq550LDa\/ghTvUDo\/HqZqTm3mYEQyHMWUfuLY43brM4MYVY+L6QrFEkDAdzsg477r3V6bf\/otKLrzB+gkMQEXuPULGOfR2h9oYUHkXn8YrgJTrT7OdwqmE2hinE2MgElIEgK\/XmxOSKk1P9GSWYi44bewjaZof1cY+isY+po3Neh+Fg+k5FQ1GcBTWtG3V23r9W7OJfzZ+40t4ctwEXUYRimJMrq+d6OnwzmlxfLiOwLjM+72Vp\/tnz6CKsOsOtdvOXjfZ6F31YHuht9408zqVz7JKuvq3QkN5oXEL0bPG+qcXGOtnmWAJqHGyR8gsAfqJRIdZ72TbXP8EopEd+L5QOnzO9GVFA33rMLXQZz9BP\/eUmuEZTpV0clYR\/T6lMTvx3QmnKBeRNcmUgKVftc9S\/fAZdFOZjy0\/06ePyaEj2nE+Gnvq0cgiTdM6ihKoWACVqGf1K07+Yw+p3VMtwitfS4\/2BduSEAYjw6aex0VvU8iDzIiCeZyOYUGa5uIoTMawkCsT9hZ9XjXueX28yj2Wcdox6PY916d8iLmjnyUq5g6A8l1v\/GxjUWUBaAGVSzph4AJKBTMaKdtEIi+AqsCyoi2WxRyFUYGCSrOwEDO2e+Myuev\/f9CTnJdHLTim+EJZ\/FhpPXfcGcLmY4VujblhJhoVC3H7IFhrAg\/KQQFJHzmhmOYs348KaWF8UzzmD9WofBC2FTnQCY0mUp3lk14PibEJv169VFnGbIT7elqSQTGlQ+WTU9WCg3A\/4\/GUNE2aHbhp4mbi92i\/1+orXKmgdCt6P4aWDzZHxfGWN9HsmzlFG5ENm485QEZiRa3n2rdUx1450yGSW\/6Zunl9h1YOnUd51K1XfI+EEOVE1pChDqp9XZz+u8af9Jrr1+gipBGrgUstnaM2kqsbVo5tgLAZ5gZW3m8M3ipVX+qo9nV62Prt36iN3tPFNK51meU7VuTEyQfTysHbw4UXIS6siKVgvmDLgmhOK5XkgvCxnd+HXP4YssaC\/4GdP6w\/SpHgL65hXwhNe+NXvBqS5CFXpPGrNO6Npcq9sQANfP1XaC55l7YqBI16683xtiCDV9AIWAJ5C418ncavm0cp1sBgMynrV30o5BYz+c6CkIyEKJOxKW4t1YXrGFjQ\/84Y+mMFp+OEASCfw4iylYieWQmL+I2Ij7veeiU3CG1EHFCtN5zkFgAfZYDPKhcg33pVCRKrBCReASR\/a0AhFXqafbqiOR+UMlSXWirhOytgUL5LPTqjnnSyxUYcei7T0BolgNky0IlK3ONKrXLwNa4fZEIL2D69IyshlV5yGAqJxWUD0U1DOoL1mqA4lHanBXk\/nQxopIVAU9OdssunJDn4gzsJlb4kcgd1xip6GCxyJxpu0+RcO6yjdg3Vtai36K\/XiAOjhuoLnBx2kbIiNznzTGYOLeg\/mBv29VovBVS5SbTGXR5AX1t21OHsNI13o17b12Ea7dLV4IU30lvDr9L99pTlls42ihMSH81Wd1fC\/Ua0\/ZNUkFWLHLBL\/6kJGVTu0ISEoa1CTThw+HuE\/IRXPxHfZFTzE0vLRo5LTB\/WKHXdlVNUaAmlGuUIoUPfQAY+p7++YBFM8YxApRyoZM9\/a1U1tzWWwuWKpdq72LZC0OwpTVW0tS1A\/i\/hm0LVVLR09CUtZ0iP8u5tCtgTx7YqIsyXpQqzdUmaJc09ONQjybfwLlAFU4b0vxWh06e7bS0AIY+OqO\/UjmsgB8kd09drFZ9YQmhouQlp6FLPkVstERvX62zXSbjkvdgsLaGDLyPsY0IrT5KS\/OS1VEfjEh1V5isAhsCp5wG718bbiqqd9D\/VsC\/qqIHqEch\/De7uArosaKxEwHfcSeZnyU\/QvGQ504fCyuER9FfdTCTvpjawbqkGyQOiyj+WmKfCiMYxWKcSEHSkKwmvUAYFLt\/KQhHGqTVrkw1QMEI\/xwj97eOxPEkNpoxBEIrJi6TmsKZZUiU\/Zl6gjJEgvGVr42WfV94u8CrUFgVTyaay+jatW\/C1WGSWCkYjtF6nL2oIrxbbJoqSTlWTaZi2Wz5dgdGwK8q+0yiyXL8RDIdiX45xpbtIrmziWVIWD6CUy\/yFczvOz+04jqDDfuX4\/e2Nkl\/scXFJE2lFyvqLCmw1owxbCSGjDvdoleLWCIxD5ZqSxFJpiSLpUtzlKKoiZ5mJLMK9tLWD3len3\/vq6Eb\/54OC5JHwBjj9CpFTjifKIkZ0ES4iaqYOpRbOteERLUoESwPhXqsv6JOEvJA+o8wbREdgxpFW5gXxpU2mqVNRJhE9kw\/ydT3RxCUiZp56j7QLAZFbcmGw4MJdUH6CBDEXr27JbTarr6dah2hfndUvG1zXOntfHYxhonrmRHKbwboLDcMRkCT0eUgupCo4VR+3dO2iMcQHoHLmw\/tMWg3+NQzmWqtxq\/8COiP1wLSojzTr58+4PoYx3h61AKhl6s2u3AP56j6gXkVxHrxa7usm2FMYBTaNY9cfSR77GLqx+MUiy6biJ+ei4ueEssi1RWUbgnX76XvwFxJO\/Z0dmmnVwS2iL1BQs0xBXeaGx0+rPX9bP51TBQlHPSk5maVExM1iDWAWpcSLzxgIxB14U28iqoSsUe6OzMYRjceB57SNw9dKFNoSHN2W7MhNR7\/kHqERTXXgLust2VYw2glUPFErnojoKtY7Yf1nJqKooU+fkb3yxj9JPp7xdRHU4iX2Vu4Ss9vPFCeKVWFwW4GE04Z6ukSNtrWpcpUR1Cc9hITE7zX7UtH+PnCoalJ+EuOekSe1ADfoC9dioV+YyTMJfwJDvvh4ndMjNHX1ff2p0n2bKydmuz8fvlLXawwDdYfaEyEkdVXbeOSJb7EnvArVETVTdjcjTXOWGaxnqbF+Bshiy2CGJ7zibwDIZYxOcv9sR6j1q8K8i3UWWtpHwr3TPrcYfq7bQn\/VIfJJeTUfjXSw\/zOjG0+kaT5lMHlKYfKkwuRPvBprfypWLAHOdLEhRENv4vrhK\/1EJONJ3e8UJV09751\/TF4WMXC409tCmES5w0UCkx2BAtz16ojM8OokVyc1sV13Ph5tj\/xn401CnAv1NmPtRHq8y2OKwhQFCR7BaYXbHHZa6JSje9oUnN03mxET+767w2FXQAzp3WLYx\/NG2C5+UXjzRTVD6qrEvdfUW32FvN+SpnmbLdotLNpFStlp7zZbuJJTat7nfL1WywuSJwd+x2eTH\/JnPuT8F4Di54yxlPTJz69MoYB405VRDRYtFRiYNfBoqtCaWCxyF+rJ9hwY1Tk7slIonHNGdU81i\/bOgbPx8+IucaTEL9WDZj121E35n8ekb2qX9TwmvFPlTxGZ9pLxg2NanDC6CyGHQBQI30FX3VsppeNUJm01FYcoGNMDOwqyXcqSbXrGSEB7D6xfNoRICk5cc6POMoYWY3Z0ls4yTlt0KTljvZiVnoBFU0JkcWnHpUcXacCMrKUqsKXzIa0Mf9gRoZeM9RHG+siOvHT2j3ysp1TzaO8xWYYpI8gH845BJwPqgPfvhKKMctxmsRjlAczJmGhjHIDfs+6r8ogwBbKcKVCa9Xu0r2R8Wa\/hRWp9L90KQvTwpeQBvgvtSPcXlIsc2yHwMZelcpH4W8S95JTKAaCzxGHUB79oPhUwveofYEbw+OkHI3TtwAuiRmxD8+2aY0WPONEDcicfRkRAVAb6KR9\/4lgGigBeoPOp8ymJ6u0gaAi1kcedL9O\/SiDbd+45fQ0WHy6UMSxalBbiqYyurAKRWRVMIuHk48oSE2FyFnI6zx4ymDrOcoGSEVAl2EYIDxoP4eRz6oi5iFba\/J34jXP1LMfJVcrKtdUG5GGhZGsO5ECFY3\/pXJIiMFk15BtigYSWIh0Azn0sjFPOv8HHKOCHTc7tq2pJqJRVVF1n+BJzdJerCrt2pzkeLOawqXbuAGkP42Vht1UQI16+wYLRyKO1VDO3wy2He+XsVCxCgZK1EgsFrvlbih2O5vm0G8+5lQPVa8vJrhzKLNdri5RRbLNJHca9ZP\/\/IU4u0MUfRHGk9LosiKwRR64rRifaNKUdDK9ELRAO\/oAdIPZnh\/8WGMt\/ilBONY7yj+ycdFkepa2CXXLIq1zyp3v+qTsO5r7wVkx113tXDK+KruAyaFg4g++i9ZKSzV0gQZFeM2xv0Nh6KVFWvOErp9eM0JVIDM\/yG8I5S03i9AdOlVEAng9L8L2JQ88C52Ofp0lA7iQMImbxQ4VgZA6tzLDBV5qLbTRK2OU4TdWRQuWy46RM+TLnoHP5o2MyL9Nl37vs7F2xzp5D83GyPK1WRQD+mEZB7ZhrbKTjMWhtIF1CmVhqU5\/u\/tpwwV+2skxkTXiXoJOoKEOLg+HRywyvblhZriY1LZO+f+S4sxonasK\/RkXcGrdPo1EUTENU42TAswaQnuQkDKkVWb5Na8FQBA2F1oii4yNBY2qAtSQxBdRSApFssppKU4gkFMfX8O3o64Go9nxbfJOWN\/XWih5\/oCW+x8tb6vL0NkpbXw8cd3a8D3h0w57f\/Pzwcdm5YhXomy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svg{display:none}#nxe-nr-gra-editions-deu-summary.nxe svg.nx-i{display:inline-block;width:18px;height:18px;vertical-align:-3px}#nxe-nr-gra-editions-deu-summary.nxe :where([role=\"tablist\"],[role=\"toolbar\"],[hidden],button,.nx-theme-toggle,.nx-live-slot){display:none}#nxe-nr-gra-editions-deu-summary.nxe img{max-width:100%;height:auto}<\/style><svg class=\"nx-defs\" aria-hidden=\"true\" focusable=\"false\" width=\"0\" height=\"0\"><defs><linearGradient id=\"nx-gi\" x1=\"0\" y1=\"0\" x2=\"1\" y2=\"1\"><stop offset=\"0\" class=\"nx-gi-a\"\/><stop offset=\"0.55\" class=\"nx-gi-b\"\/><stop offset=\"1\" class=\"nx-gi-c\"\/><\/linearGradient><linearGradient id=\"nx-giu\" gradientUnits=\"userSpaceOnUse\" x1=\"0\" y1=\"0\" x2=\"800\" y2=\"0\"><stop offset=\"0\" class=\"nx-gi-a\"\/><stop offset=\"0.55\" class=\"nx-gi-b\"\/><stop offset=\"1\" class=\"nx-gi-c\"\/><\/linearGradient><linearGradient id=\"nx-gp\" x1=\"0\" y1=\"0\" x2=\"1\" y2=\"1\"><stop offset=\"0\" class=\"nx-gp-a\"\/><stop offset=\"1\" class=\"nx-gp-b\"\/><\/linearGradient><\/defs><\/svg><div class=\"nrp\"><div class=\"nrp-wrap\"><div class=\"nrp-reader\"><nav class=\"nrp-rail\" aria-label=\"Contents of Germany 2026\"><p class=\"nf-ui-eyebrow\">Contents<\/p><ol class=\"nrp-toc\"><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/\"><span class=\"nrp-toc-n\">\u00b7<\/span><span>Edition home<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/summary\/\" aria-current=\"page\"><span class=\"nrp-toc-n\">\u00b7<\/span><span>Executive summary<\/span><\/a><ol class=\"nrp-toc-sub\"><li><a href=\"#nx-nrp-deu-cs-s1\">S.1 Abstract<\/a><\/li><li><a href=\"#nx-nrp-deu-cs-s2\">S.2 Key messages<\/a><\/li><li><a href=\"#nx-nrp-deu-cs-s3\">S.3 Headline finding<\/a><\/li><li><a href=\"#nx-nrp-deu-cs-s4\">S.4 At a glance<\/a><\/li><li><a href=\"#nx-nrp-deu-cs-s5\">S.5 What each steward reads in it<\/a><\/li><li><a href=\"#nx-nrp-deu-cs-s6\">S.6 What this edition is, and is not<\/a><\/li><\/ol><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/coupled-system\/\"><span class=\"nrp-toc-n\">1<\/span><span>Germany\u2019s risk is coupled, not cumulative<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/findings\/\"><span class=\"nrp-toc-n\">2<\/span><span>Key findings<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/systems-and-sectors\/\"><span class=\"nrp-toc-n\">3<\/span><span>Systems and sectors at baseline<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/risk-and-capability\/\"><span class=\"nrp-toc-n\">4<\/span><span>Risks and capability<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/scenario\/\"><span class=\"nrp-toc-n\">5<\/span><span>Hot, dry summer with low Rhine water<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/lenses-and-readings\/\"><span class=\"nrp-toc-n\">6<\/span><span>Lenses and readings<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/agenda\/\"><span class=\"nrp-toc-n\">7<\/span><span>The 2027 agenda<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/systems-in-depth\/\"><span class=\"nrp-toc-n\">8<\/span><span>Systems in depth<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/methodology\/\"><span class=\"nrp-toc-n\">A<\/span><span>Methodology<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/data\/\"><span class=\"nrp-toc-n\">B<\/span><span>Data appendix<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/references\/\"><span class=\"nrp-toc-n\">C<\/span><span>References and record<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/full\/\"><span class=\"nrp-toc-n\">\u00b7<\/span><span>Complete edition, for print<\/span><\/a><\/li><\/ol><div class=\"nrp-actions\"><a class=\"nf-ui-btn\" data-variant=\"secondary\" href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/full\/\"><svg class=\"nrp-i\" viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M6 18H4a2 2 0 0 1-2-2v-5a2 2 0 0 1 2-2h16a2 2 0 0 1 2 2v5a2 2 0 0 1-2 2h-2\"\/><path d=\"M6 9V3a1 1 0 0 1 1-1h10a1 1 0 0 1 1 1v6\"\/><rect x=\"6\" y=\"14\" width=\"12\" height=\"8\" rx=\"1\"\/><\/svg>Print or save as PDF<\/a><\/div><\/nav><article class=\"nrp-flow\" aria-labelledby=\"nx-nrp-deu-cs-top\"><header class=\"nrp-chap-head\" id=\"nx-nrp-deu-cs-top\"><ul class=\"nrp-eyerow\"><li class=\"nf-ui-eyebrow\"><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/\">Germany 2026<\/a><\/li><li class=\"nf-ui-eyebrow\">Executive summary<\/li><\/ul><span class=\"nrp-rule\" aria-hidden=\"true\"><\/span><h1 class=\"pp-hero-title\">Executive summary<\/h1><p class=\"nrp-lede\">The edition on a few pages: the abstract, the key messages, the headline finding and what each steward reads in it.<\/p><p class=\"nrp-chap-meta\"><span>4 min read<\/span><span>1 figure<\/span><span>0 tables<\/span><span>14 notes<\/span><span>NR-COUNTRY-DEU-2026-BASELINE<\/span><\/p><details class=\"nrp-toc-m\"><summary>Contents<\/summary><ol class=\"nrp-toc\"><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/\"><span class=\"nrp-toc-n\">\u00b7<\/span><span>Edition home<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/summary\/\" aria-current=\"page\"><span class=\"nrp-toc-n\">\u00b7<\/span><span>Executive summary<\/span><\/a><ol class=\"nrp-toc-sub\"><li><a href=\"#nx-nrp-deu-cs-s1\">S.1 Abstract<\/a><\/li><li><a href=\"#nx-nrp-deu-cs-s2\">S.2 Key messages<\/a><\/li><li><a href=\"#nx-nrp-deu-cs-s3\">S.3 Headline finding<\/a><\/li><li><a href=\"#nx-nrp-deu-cs-s4\">S.4 At a glance<\/a><\/li><li><a href=\"#nx-nrp-deu-cs-s5\">S.5 What each steward reads in it<\/a><\/li><li><a href=\"#nx-nrp-deu-cs-s6\">S.6 What this edition is, and is not<\/a><\/li><\/ol><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/coupled-system\/\"><span class=\"nrp-toc-n\">1<\/span><span>Germany\u2019s risk is coupled, not cumulative<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/findings\/\"><span class=\"nrp-toc-n\">2<\/span><span>Key findings<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/systems-and-sectors\/\"><span class=\"nrp-toc-n\">3<\/span><span>Systems and sectors at baseline<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/risk-and-capability\/\"><span class=\"nrp-toc-n\">4<\/span><span>Risks and capability<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/scenario\/\"><span class=\"nrp-toc-n\">5<\/span><span>Hot, dry summer with low Rhine water<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/lenses-and-readings\/\"><span class=\"nrp-toc-n\">6<\/span><span>Lenses and readings<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/agenda\/\"><span class=\"nrp-toc-n\">7<\/span><span>The 2027 agenda<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/systems-in-depth\/\"><span class=\"nrp-toc-n\">8<\/span><span>Systems in depth<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/methodology\/\"><span class=\"nrp-toc-n\">A<\/span><span>Methodology<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/data\/\"><span class=\"nrp-toc-n\">B<\/span><span>Data appendix<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/references\/\"><span class=\"nrp-toc-n\">C<\/span><span>References and record<\/span><\/a><\/li><li><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/full\/\"><span class=\"nrp-toc-n\">\u00b7<\/span><span>Complete edition, for print<\/span><\/a><\/li><\/ol><\/details><\/header><section class=\"nrp-block\" id=\"nx-nrp-deu-cs-s1\" aria-labelledby=\"nx-nrp-deu-cs-s1-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-deu-cs-s1-h\"><span class=\"nrp-num\">S.1<\/span><span>Abstract<\/span><\/h2><div class=\"nrp-prose\"><p>Germany enters 2027 having cut its greenhouse-gas emissions to 649 Mt CO\u2082e in 2024, 3.4% below 2023 and 48% below 1990, while closing its last nuclear reactors in April 2023 and ending its reliance on Russian pipeline gas within a year<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n1\" id=\"nx-nrp-deu-cs-r1\" aria-label=\"Note 1\">1<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n16\" id=\"nx-nrp-deu-cs-r16\" aria-label=\"Note 16\">16<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n17\" id=\"nx-nrp-deu-cs-r17\" aria-label=\"Note 17\">17<\/a><\/sup>. Renewables supplied about 54% of gross electricity consumption in 2024<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n7\" id=\"nx-nrp-deu-cs-r7\" aria-label=\"Note 7\">7<\/a><\/sup>. 2024 was the warmest year in the national record<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n8\" id=\"nx-nrp-deu-cs-r8\" aria-label=\"Note 8\">8<\/a><\/sup>. The floods of July 2021 killed more than 180 people, 135 of them in the Ahr valley, and caused damage of about \u20ac40 billion<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n14\" id=\"nx-nrp-deu-cs-r14\" aria-label=\"Note 14\">14<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n15\" id=\"nx-nrp-deu-cs-r15\" aria-label=\"Note 15\">15<\/a><\/sup>, yet only about 54% of homes carry natural-hazard insurance<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n13\" id=\"nx-nrp-deu-cs-r13\" aria-label=\"Note 13\">13<\/a><\/sup>. Low water on the Rhine in 2018 and 2022 restricted freight and industrial supply<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n24\" id=\"nx-nrp-deu-cs-r24\" aria-label=\"Note 24\">24<\/a><\/sup>; about 500,000 hectares of forest were damaged by drought, heat and bark beetles between 2018 and 2021<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n20\" id=\"nx-nrp-deu-cs-r20\" aria-label=\"Note 20\">20<\/a><\/sup>; and flying-insect biomass fell by more than 75% over 27 years in protected areas<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n18\" id=\"nx-nrp-deu-cs-r18\" aria-label=\"Note 18\">18<\/a><\/sup>. This Baseline Edition fixes the reference state for the five core <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a>, maps the dependencies through which shocks travel, and sets the questions the first operational edition will answer in Q1 2027. It ranks nothing and decides nothing.<\/p><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-deu-cs-s2\" aria-labelledby=\"nx-nrp-deu-cs-s2-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-deu-cs-s2-h\"><span class=\"nrp-num\">S.2<\/span><span>Key messages<\/span><\/h2><p class=\"nrp-stand\">The eight questions this edition answers, each with its status and source.<\/p><ol class=\"nrp-km\"><li><p class=\"nrp-km-t\">649 Mt CO\u2082e in 2024, 48% below 1990, about 35 Mt a year of cuts still needed to 2030.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n1\" aria-label=\"Note 1\">1<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n3\" id=\"nx-nrp-deu-cs-r3\" aria-label=\"Note 3\">3<\/a><\/sup><\/p><p class=\"nrp-km-m\"><span>Where do emissions stand?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/p><\/li><li><p class=\"nrp-km-t\">2024 was the warmest year on record; the first federal adaptation law took effect in July 2024.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n8\" aria-label=\"Note 8\">8<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n10\" id=\"nx-nrp-deu-cs-r10\" aria-label=\"Note 10\">10<\/a><\/sup><\/p><p class=\"nrp-km-m\"><span>Is the climate already changing?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/p><\/li><li><p class=\"nrp-km-t\">Flash floods in small, steep valleys killed more than 180 people and caused about \u20ac40 billion of damage.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n14\" aria-label=\"Note 14\">14<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n15\" aria-label=\"Note 15\">15<\/a><\/sup><\/p><p class=\"nrp-km-m\"><span>What did 2021 show?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/p><\/li><li><p class=\"nrp-km-t\">Nearly half of homes have no natural-hazard cover; much damage falls on households and reconstruction funds.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n13\" aria-label=\"Note 13\">13<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n14\" aria-label=\"Note 14\">14<\/a><\/sup><\/p><p class=\"nrp-km-m\"><span>Who carries flood losses?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/p><\/li><li><p class=\"nrp-km-t\">Russian pipeline gas stopped; storage, LNG terminals and demand cuts filled the gap.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n17\" aria-label=\"Note 17\">17<\/a><\/sup><\/p><p class=\"nrp-km-m\"><span>How did the energy system cope with 2022?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/p><\/li><li><p class=\"nrp-km-t\">Low Rhine water in 2018 and 2022 restricted shipping and industrial supply.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n24\" aria-label=\"Note 24\">24<\/a><\/sup><\/p><p class=\"nrp-km-m\"><span>How exposed is freight to drought?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/p><\/li><li><p class=\"nrp-km-t\">Insect biomass down more than 75% in protected areas; 500,000 ha of forest damaged.<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n18\" aria-label=\"Note 18\">18<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n20\" aria-label=\"Note 20\">20<\/a><\/sup><\/p><p class=\"nrp-km-m\"><span>How is nature faring?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><\/p><\/li><li><p class=\"nrp-km-t\">A hot, dry summer with low Rhine water, heat and forest fires. SCN-DEU-HDR-01<\/p><p class=\"nrp-km-m\"><span>What will Q1 2027 test first?<\/span><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"neutral\" aria-hidden=\"true\"><\/span>Expert input<\/span><\/p><\/li><\/ol><\/section><section class=\"nrp-block\" id=\"nx-nrp-deu-cs-s3\" aria-labelledby=\"nx-nrp-deu-cs-s3-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-deu-cs-s3-h\"><span class=\"nrp-num\">S.3<\/span><span>Headline finding<\/span><\/h2><p class=\"nrp-find-m\"><span class=\"nrp-st\"><span class=\"nf-ui-dot\" data-tone=\"info\" aria-hidden=\"true\"><\/span>Reported<\/span><span class=\"nrp-eql\" title=\"Evidence-quality level, 1 to 5\">EQL 4<\/span><span class=\"nrp-find-id\">NRF-COUNTRY-DEU-2026-BASELINE-WAT-004<\/span><\/p><p class=\"nrp-km-t\">The floods of July 2021 killed more than 180 people in Germany, 135 in the Ahr valley, and caused damage of about \u20ac40 billion, while only about 54% of homes carried natural-hazard insurance.<\/p><figure class=\"nrp-fig\" id=\"nx-nrp-deu-cs-fig1\" aria-labelledby=\"nx-nrp-deu-cs-fig1-t\"><figcaption class=\"nrp-figcap\"><span class=\"nf-ui-eyebrow\">Figure S.1<\/span><span class=\"nf-ui-title\" data-level=\"card\" id=\"nx-nrp-deu-cs-fig1-t\">July 2021 floods in Germany<\/span><\/figcaption><div class=\"nrp-tblw\"><table class=\"nrp-tbl nrp-bars\"><thead><tr><th scope=\"col\">Item<\/th><th scope=\"col\"><span class=\"nrp-sr\">Bar, scaled to the largest value<\/span><\/th><th scope=\"col\">Value<\/th><\/tr><\/thead><tbody><tr><th scope=\"row\">Deaths in Germany<\/th><td class=\"nrp-barc\"><svg class=\"nrp-svg nrp-barsvg\" viewBox=\"0 0 100 8\" preserveAspectRatio=\"none\" aria-hidden=\"true\" focusable=\"false\"><rect class=\"nrp-track\" x=\"0\" y=\"0\" width=\"100\" height=\"8\"\/><rect class=\"nrp-bar\" x=\"0\" y=\"0\" width=\"100.0\" height=\"8\"\/><\/svg><\/td><td class=\"nrp-mono\">180+<\/td><\/tr><tr><th scope=\"row\">Deaths in the Ahr valley<\/th><td class=\"nrp-barc\"><svg class=\"nrp-svg nrp-barsvg\" viewBox=\"0 0 100 8\" preserveAspectRatio=\"none\" aria-hidden=\"true\" focusable=\"false\"><rect class=\"nrp-track\" x=\"0\" y=\"0\" width=\"100\" height=\"8\"\/><rect class=\"nrp-bar\" x=\"0\" y=\"0\" width=\"75.0\" height=\"8\"\/><\/svg><\/td><td class=\"nrp-mono\">135<\/td><\/tr><\/tbody><\/table><\/div><p class=\"nrp-fig-src\">Source: BMI flood report<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n14\" aria-label=\"Note 14\">14<\/a><\/sup>.<\/p><\/figure><p class=\"nrp-p\">Flash floods in small, steep catchments give little warning and leave little time to act. Where homes are uninsured, recovery depends on public reconstruction funds, so flood exposure is also a fiscal exposure<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n13\" aria-label=\"Note 13\">13<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n14\" aria-label=\"Note 14\">14<\/a><\/sup><sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n15\" aria-label=\"Note 15\">15<\/a><\/sup>.<\/p><\/section><section class=\"nrp-block\" id=\"nx-nrp-deu-cs-s4\" aria-labelledby=\"nx-nrp-deu-cs-s4-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-deu-cs-s4-h\"><span class=\"nrp-num\">S.4<\/span><span>At a glance<\/span><\/h2><div class=\"pp-cells nrp-cells-3\"><div class=\"nrp-cell\"><span class=\"pp-metric\">83.6<\/span><span class=\"nrp-cell-u\">million<\/span><p>population, end 2024<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n6\" id=\"nx-nrp-deu-cs-r6\" aria-label=\"Note 6\">6<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">649<\/span><span class=\"nrp-cell-u\">Mt CO\u2082e<\/span><p>emissions, 2024<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n1\" aria-label=\"Note 1\">1<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">\u224854<\/span><span class=\"nrp-cell-u\">%<\/span><p>renewable electricity, 2024<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n7\" aria-label=\"Note 7\">7<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">10.9<\/span><span class=\"nrp-cell-u\">\u00b0C<\/span><p>mean temperature, 2024 record<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n8\" aria-label=\"Note 8\">8<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">\u224854<\/span><span class=\"nrp-cell-u\">%<\/span><p>homes with natural-hazard cover<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n13\" aria-label=\"Note 13\">13<\/a><\/sup><\/p><\/div><div class=\"nrp-cell\"><span class=\"pp-metric\">500k<\/span><span class=\"nrp-cell-u\">hectares<\/span><p>forest damaged, 2018\u20132021<sup class=\"nrp-fn\"><a href=\"#nx-nrp-deu-cs-n20\" aria-label=\"Note 20\">20<\/a><\/sup><\/p><\/div><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-deu-cs-s5\" aria-labelledby=\"nx-nrp-deu-cs-s5-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-deu-cs-s5-h\"><span class=\"nrp-num\">S.5<\/span><span>What each steward reads in it<\/span><\/h2><div class=\"nrp-cards\" data-n=\"3\"><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\"><abbr title=\"The Global Centre for Risk and Innovation\">GCRI<\/abbr> \u00b7 KEY T<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Technical Truth<\/h3><p>The evidence supports a coupled reading of German risk.<\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\"><abbr title=\"The Global Risks Forum\">GRF<\/abbr> \u00b7 KEY M<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Public Meaning<\/h3><p>For most people risk arrives as a flooded valley, a heatwave or an energy bill.<\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\"><abbr title=\"The Global Risks Alliance\">GRA<\/abbr> \u00b7 KEY F<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Capital Meaning<\/h3><p>Readiness implications only. Thin natural-hazard cover, a large new infrastructure fund and an energy system in transition show where finance-readiness evidence will matter.<\/p><\/article><article class=\"nf-ui-card nrp-card\"><p class=\"nf-ui-eyebrow\">NEXUS<\/p><h3 class=\"nf-ui-title\" data-level=\"card\">Synthesis<\/h3><p>Germany has rebuilt its energy system fast and observes its risks well, but its rivers, forests and valleys carry growing exposure.<\/p><\/article><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-deu-cs-s6\" aria-labelledby=\"nx-nrp-deu-cs-s6-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-deu-cs-s6-h\"><span class=\"nrp-num\">S.6<\/span><span>What this edition is, and is not<\/span><\/h2><div class=\"pp-cells nrp-cells-3\"><div class=\"nrp-cell\"><h3 class=\"nf-ui-title\" data-level=\"card\">What this edition is<\/h3><p>A baseline: the state of Germany\u2019s water, energy, food, health and biodiversity <a class=\"nx-link nx-term\" href=\"https:\/\/docs.therisk.global\/organization\/systems\" data-tc=\"Systems\" data-tk=\"Nexus Standards\" data-td=\"The twenty Nexus systems, NXS-CMD to NXS-LAB\">systems<\/a> in 2026, the dependencies between them, the risks that travel through them and the capabilities that hold them. It sets the questions the operational series will answer.<\/p><\/div><div class=\"nrp-cell\"><h3 class=\"nf-ui-title\" data-level=\"card\">What it is not<\/h3><p>Not a national <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 risk-assessment\" data-tk=\"Nexus risk vocabulary\" data-td=\"The overall process of identifying, analysing and evaluating risk to inform decisions.\" data-ts=\"NRS-C1\" data-tr=\"draft\">risk assessment<\/a>, an official warning or a rating. It decides nothing about any federal ministry, Land, municipality, operator or company. Competent authorities at federal, Land and local level keep every mandate they hold.<\/p><\/div><div class=\"nrp-cell\"><h3 class=\"nf-ui-title\" data-level=\"card\">What comes next<\/h3><p>Q1 2027 opens the operational series with a sealed Foundry evidence cut. Each later edition reports what changed against this baseline, new observations, source revisions, method changes, scenario updates and corrections.<\/p><\/div><\/div><\/section><section class=\"nrp-block\" id=\"nx-nrp-deu-cs-notes\" aria-labelledby=\"nx-nrp-deu-cs-notes-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-deu-cs-notes-h\"><span>Notes<\/span><\/h2><p class=\"nrp-note\">Numbers are the edition&#8217;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. <a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/references\/\">Annex C, references<\/a><\/p><ol class=\"nrp-notes\"><li id=\"nx-nrp-deu-cs-n1\"><span class=\"nrp-notes-n\">1<\/span><span>Umweltbundesamt (ed.), Treibhausgas-Emissionen in Deutschland 2024: Vorjahressch\u00e4tzung. UBA, Dessau-Ro\u00dflau, March 2025.<a class=\"nrp-notes-back\" href=\"#nx-nrp-deu-cs-r1\" aria-label=\"Back to the first call of note 1\">back<\/a><\/span><\/li><li id=\"nx-nrp-deu-cs-n16\"><span class=\"nrp-notes-n\">16<\/span><span>Bundesministerium f\u00fcr Wirtschaft und Klimaschutz (ed.), \u201cAbschaltung der letzten drei Kernkraftwerke am 15. April 2023.\u201d BMWK, Berlin, 2023.<a class=\"nrp-notes-back\" href=\"#nx-nrp-deu-cs-r16\" aria-label=\"Back to the first call of note 16\">back<\/a><\/span><\/li><li id=\"nx-nrp-deu-cs-n17\"><span class=\"nrp-notes-n\">17<\/span><span>Bundesnetzagentur (ed.), Lageberichte zur Gasversorgung 2022\u20132023. BNetzA, Bonn.<a class=\"nrp-notes-back\" href=\"#nx-nrp-deu-cs-r17\" aria-label=\"Back to the first call of note 17\">back<\/a><\/span><\/li><li id=\"nx-nrp-deu-cs-n7\"><span class=\"nrp-notes-n\">7<\/span><span>Umweltbundesamt (ed.), Erneuerbare Energien in Zahlen 2024 (AGEE-Stat). UBA, Dessau-Ro\u00dflau, 2025.<a class=\"nrp-notes-back\" href=\"#nx-nrp-deu-cs-r7\" aria-label=\"Back to the first call of note 7\">back<\/a><\/span><\/li><li id=\"nx-nrp-deu-cs-n8\"><span class=\"nrp-notes-n\">8<\/span><span>Deutscher Wetterdienst (ed.), Deutschlandwetter im Jahr 2024. DWD, Offenbach, December 2024.<a class=\"nrp-notes-back\" href=\"#nx-nrp-deu-cs-r8\" aria-label=\"Back to the first call of note 8\">back<\/a><\/span><\/li><li id=\"nx-nrp-deu-cs-n14\"><span class=\"nrp-notes-n\">14<\/span><span>Bundesministerium des Innern und f\u00fcr Heimat (ed.), Bericht zur Hochwasserkatastrophe 2021: Katastrophenhilfe, Wiederaufbau und Evaluierungsprozesse. BMI, Berlin, 2022.<a class=\"nrp-notes-back\" href=\"#nx-nrp-deu-cs-r14\" aria-label=\"Back to the first call of note 14\">back<\/a><\/span><\/li><li id=\"nx-nrp-deu-cs-n15\"><span class=\"nrp-notes-n\">15<\/span><span>Prognos, I\u00d6W and GWS (eds.), Kosten durch Klimawandelfolgen in Deutschland. Report for BMWK and BMUV, Berlin, 2022.<a class=\"nrp-notes-back\" href=\"#nx-nrp-deu-cs-r15\" aria-label=\"Back to the first call of note 15\">back<\/a><\/span><\/li><li id=\"nx-nrp-deu-cs-n13\"><span class=\"nrp-notes-n\">13<\/span><span>Gesamtverband der Deutschen Versicherungswirtschaft (ed.), Naturgefahrenreport 2024. GDV, Berlin, 2024.<a class=\"nrp-notes-back\" href=\"#nx-nrp-deu-cs-r13\" aria-label=\"Back to the first call of note 13\">back<\/a><\/span><\/li><li id=\"nx-nrp-deu-cs-n24\"><span class=\"nrp-notes-n\">24<\/span><span>Bundesanstalt f\u00fcr Gew\u00e4sserkunde (ed.), Das Niedrigwasser 2018 und 2022 an Rhein und Elbe. BfG, Koblenz.<a class=\"nrp-notes-back\" href=\"#nx-nrp-deu-cs-r24\" aria-label=\"Back to the first call of note 24\">back<\/a><\/span><\/li><li id=\"nx-nrp-deu-cs-n20\"><span class=\"nrp-notes-n\">20<\/span><span>Th\u00fcnen-Institut (ed.), Satellitengest\u00fctzte Erfassung der Waldsch\u00e4den in Deutschland 2018\u20132021. Th\u00fcnen-Institut, Braunschweig, 2022.<a class=\"nrp-notes-back\" href=\"#nx-nrp-deu-cs-r20\" aria-label=\"Back to the first call of note 20\">back<\/a><\/span><\/li><li id=\"nx-nrp-deu-cs-n18\"><span class=\"nrp-notes-n\">18<\/span><span>C. A. Hallmann, M. Sorg, E. Jongejans et al., \u201cMore than 75 percent decline over 27 years in total flying insect biomass in protected areas,\u201d PLOS ONE, vol. 12, e0185809, 2017.<a class=\"nrp-notes-back\" href=\"#nx-nrp-deu-cs-r18\" aria-label=\"Back to the first call of note 18\">back<\/a><\/span><\/li><li id=\"nx-nrp-deu-cs-n3\"><span class=\"nrp-notes-n\">3<\/span><span>Expertenrat f\u00fcr Klimafragen (ed.), Pr\u00fcfbericht zur Berechnung der deutschen Treibhausgasemissionen f\u00fcr das Jahr 2024. ERK, Berlin, 2025.<a class=\"nrp-notes-back\" href=\"#nx-nrp-deu-cs-r3\" aria-label=\"Back to the first call of note 3\">back<\/a><\/span><\/li><li id=\"nx-nrp-deu-cs-n10\"><span class=\"nrp-notes-n\">10<\/span><span>Bundestag (ed.), Bundes-Klimaanpassungsgesetz (KAnG). Bundesgesetzblatt, Berlin, 2023; in force 1 July 2024.<a class=\"nrp-notes-back\" href=\"#nx-nrp-deu-cs-r10\" aria-label=\"Back to the first call of note 10\">back<\/a><\/span><\/li><li id=\"nx-nrp-deu-cs-n6\"><span class=\"nrp-notes-n\">6<\/span><span>Statistisches Bundesamt (ed.), Bev\u00f6lkerungsstand: Bev\u00f6lkerung am 31.12.2024. Destatis, Wiesbaden, 2025.<a class=\"nrp-notes-back\" href=\"#nx-nrp-deu-cs-r6\" aria-label=\"Back to the first call of note 6\">back<\/a><\/span><\/li><\/ol><\/section><section class=\"nrp-block nrp-noprint\" id=\"nx-nrp-deu-cs-cite\" aria-labelledby=\"nx-nrp-deu-cs-cite-h\"><h2 class=\"nrp-h2\" id=\"nx-nrp-deu-cs-cite-h\"><span>Cite this summary<\/span><\/h2><pre class=\"nrp-pre\">Valadbaygi, S. (Ed.). (2026). Executive summary: Executive summary. In Germany Systems Risk and Resilience Report 2026: The State of Germany\u2019s Interdependent Systems (Baseline Edition 2026, Report No. NR-COUNTRY-DEU-2026-BASELINE) [Draft under review]. The Global Centre for Risk and Innovation (GCRI).<\/pre><p class=\"nrp-note\">Every citation form of the whole report, BibTeX and RIS included, is on the edition home. <a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/#nx-nrp-deu-land-cite\">Cite this report<\/a><\/p><\/section><nav class=\"nrp-pager\" aria-label=\"Previous and next\"><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/\" rel=\"prev\"><span class=\"nf-ui-eyebrow\">Previous<\/span><span class=\"nrp-pager-t\">Edition home<\/span><\/a><a href=\"https:\/\/globalriskalliance.com\/nexus-reports\/editions\/deu\/coupled-system\/\" rel=\"next\"><span class=\"nf-ui-eyebrow\">Next \u00b7 Chapter 1<\/span><span class=\"nrp-pager-t\">Germany\u2019s risk is coupled, not cumulative<\/span><\/a><\/nav><\/article><\/div><\/div><\/div><div class=\"nrp-noprint\"><section id=\"nx-sec-nr-gateway\" class=\"nx-section\" data-hue=\"systemic\" data-tone=\"alt\" aria-labelledby=\"nx-nr-gateway-h\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">Reports<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Contribute<\/span><\/div><h2 id=\"nx-nr-gateway-h\" class=\"nx-section-title\">Send evidence or a correction on Germany.<\/h2><p class=\"nx-lede\">Reports is the Consortium&#8217;s quarterly publication. What you know about this subject can become evidence, a case or a correction in the next edition, credited to you and published under CC BY 4.0 where it is your own work.<\/p><div class=\"nx-chips\"><span class=\"nx-chip\">Global Risks Alliance<\/span><span class=\"nx-chip\">Country Systems Risk and Resilience<\/span><\/div><\/div><div class=\"nx-section-body\"><ul class=\"nx-dest\"><li><a class=\"nx-dest-card\" href=\"https:\/\/globalriskalliance.com\/nexus-reports\/write-to-us\/contact\/\"><span class=\"nx-dest-top\"><span class=\"nx-dest-rel\">Email<\/span><span class=\"nx-dest-host\">Gateway GW-GRA<\/span><\/span><span class=\"nx-dest-title\">Send it from this page<\/span><span class=\"nx-dest-why\">Evidence, a correction, a case, a method, a review, a translation or profile input. 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Curators review it; the DOI stays yours.<\/span><span class=\"nx-dest-go\" aria-hidden=\"true\"><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/span><\/a><\/li><li><a class=\"nx-dest-card\" href=\"https:\/\/globalriskalliance.com\/nexus-reports\/contribute\/\"><span class=\"nx-dest-top\"><span class=\"nx-dest-rel\">Reports<\/span><span class=\"nx-dest-host\">Global Risks Alliance<\/span><\/span><span class=\"nx-dest-title\">See every way to contribute<\/span><span class=\"nx-dest-why\">The contribution types, how each is reviewed, what credit you receive, the licence and what is never accepted.<\/span><span class=\"nx-dest-go\" aria-hidden=\"true\"><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/span><\/a><\/li><\/ul><div class=\"nx-live-slot\" data-nxf-slot=\"contribute\" data-nxf-kind=\"workflow\" data-nxf-resource=\"nexus:\/\/gra\/nexus-reports\/editions\/deu\/summary#contribute\" data-nxf-title=\"Contribute evidence\" data-nxf-height=\"480\" hidden><\/div><p class=\"nx-note nx-mt-3\">Never send personal data, sensitive infrastructure detail or anything you have no right to share. 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