Climate Change This Year Cost Europe 43 Billion Euros – Politicalo
7 Articles
7 Articles
Spain, France and Italy highlighted themselves as the most affected countries, each facing more than EUR 10 billion this year.
Drought, heat and floods cost the European Union about 43 billion euros this year, particularly as a result of the loss of almost half a percent of the region's economic output, Politico writes with reference to a study by scientists from the University of Mannheim, and analysts have estimated that the impact of natural disasters and climate change this summer will cause the European economy a cumulative loss of about 126 billion euros before 20…
An economic impact study published on Monday 15 September states that the damage caused by the weather hazards this summer cost EUR 43 billion to
Paris (Agencies) Heatwaves, droughts, and floods in the summer of 2025 cost the European economy €43 billion, according to a study by economists published yesterday, which confirms that the direct costs are just the beginning. The study relies on weather data and economic models to estimate the damage caused by extreme weather events that have become more frequent and severe due to climate change. The study takes into account direct consequences…
Research on the European cost of the effects of the acceleration of the climate crisis places Spain as the country that will suffer the most losses from the increase of heat waves, droughts and floods.Main themes: Climate crisisRead full article
According to a new report by Sehrish Usman of the University of Mannheim (Germany), and two authors of the European Central Bank, the macroeconomic cost for Europe of the waves of...
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