From: Counting the Cost
File-breaking temperatures and ferocious wildfires take their toll on a lot of Western Europe.
Researchers estimate that heatwaves have shaved a median 0.5 % off Europe’s annual GDP previously 10 years.
In 2022, the losses could possibly be even better.
To listing just some of the components: A lot of western Europe is sweltering beneath record-breaking temperatures; wildfires are sweeping throughout Italy, Greece, France and Spain, destroying crops; and power costs are up due to the conflict in Ukraine.
In line with the International Fee on Adaptation, an estimated funding of $800m in local weather programmes can save poor nations as much as $16bn yearly.
Plus, is the demand for plane rising?
