Panetta: 200 Mld Damage From Extreme Events.
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Rome, 19 Oct. (askanews) ... Climate change is creating deep uncertainty, which makes preparation increasingly important. Resilience depends on our ability to understand risks, share them more efficiently and reduce exposure before shock strikes. This is what the Governor of Banca d'Italia said, Fabio Panetta in his [...]
There is still those who deny climate change or diminish its effects, but the consequences of global warming are increasingly evident also on the ... The article Climate change presents the bill, Panetta's alarm: extreme events caused damage for more than 200 billion dollars in 2025 seems to be the first on THE NEWS.
AGI - The extreme weather events caused in 2025 more than 200 billion dollars of direct damage, more than twice as much as in the early 2000s. It is the figure from which the Governor of the Bank of Italy, Fabio Panetta, started in Manila, during the fifth edition of the Green Swan Conference. "The economic reasons for strengthening resilience are evident - he said - climate change is reducing productivity, destroying physical capital and puttin…
This was said by the Governor of the Bank of Italy, Fabio Panetta, opening the Green Swan Conference 2026 in Manila.
(Teleborsa) - Climate change is no longer a problem for future generations: it already weighs on the economy and public finances today. As the Governor of the Bank of Italy, Fabio Panetta, has said, opening...
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