Environment. Heat, Drought, Fires: Summer Cost France €16 Billion
26 Articles
26 Articles
A parliamentary mission presented on Monday cost about €16 billion, and it also provided an initial estimate of the cost of adapting to the next heat waves. - Heat, drought, fires... The summer would have cost France €16 billion, according to a parliamentary mission (Environment).
The economic toll of this summer’s record-breaking heatwave in France has reached approximately €16 billion, a figure that surpasses official government forecasts, Eric Coquerel, Chairman of the National Assembly’s Finance Co..
Citing data from France's National Institute of Statistics and Economic Studies (INSEE), he noted that the extreme weather slashed economic growth by €3 billion and widened the budget deficit by €1.5...
In the run-up to the budget debate, MP Eric Coquerel presented a very high assessment of the consequences of the high summer temperatures, in order to better justify increasing the appropriations allocated to the country's adaptation to global warming.
This flash mission, launched at the end of August, heard from ministries, public operators, economists, firefighters, farmers and insurers.
Le Télégramme
France24The canicule summer of 2026 cost France €16 billion, according to a parliamentary mission, a bill calling for emergency investments as early as 2027.
A parliamentary mission puts forward this figure. The agricultural sector weighs 10 billion in total, while the loss of one point of GDP is expected to cost nearly 3 billion.
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