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Euronews
Euronews
Liam Gilliver

Cost of Europe's extreme weather doubled this decade - and could hit €126 billion by 2029

European Union Europe EEA

The EU has warned it “cannot afford to lower” its climate and sustainability ambitions after revealing the true cost of extreme weather damage.

A new report from the European Environment Agency (EEA) has calculated the average annual economic losses caused by climate-related events such as intense heat, floods, and drought from 1980 to 2023.

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