"'Staggering financial losses like this will only grow until we can stabilise the climate by reaching net zero emissions,' Gareth Redmond-King, head of International Programme at the Energy & Climate Intelligence Unit, said."
"'Extreme weather events are increasingly having substantial economic impacts in Europe,' the authors wrote. 'With continued climate change, these impacts are likely to grow in the coming decades.'"
This summer was the UK's warmest and sunniest on record, with bright sunshine and balmy evenings. Scientists calculated that heatwaves, droughts and floods cost Europe €43 billion (£37 billion) this summer, a conservative estimate that excludes wildfires, hail and storms. They estimate the figure could rise to €126 billion (£109 billion) by 2029 as extreme events' impacts increase over time. Analysis based on June–August weather data found 96 regions experienced heatwaves, 195 suffered drought and 53 were affected by floods. Southern Europe was particularly badly affected, northern regions face growing flood risk, and smaller economies like Bulgaria, Malta and Cyprus are especially vulnerable. Heatwaves produced the largest financial impact in France, with records broken in south-west locations including Angoulême and Bergerac.
Read at Mail Online
Unable to calculate read time
Collection
[
|
...
]