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The Extreme Climate of This Summer Could Cut EU GDP by 1.1% by 2026: What Triodos Bank’s Report Says
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The Extreme Climate of This Summer Could Cut EU GDP by 1.1% by 2026: What Triodos Bank’s Report Says
The extreme climate of this summer could cut EU GDP by 1.1% by 2026, according to the Triodos Bank report published today. The extreme heat bill has cost. The impact is equivalent to around €200 billion, according to the study ‘Hot Summer Economics’. According to the entity, that figure would cancel the growth forecast for this year in the Community area. The estimate puts the average loss of labour productivity at around 0.6% of the GDP of the …
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