The European Environment Agency updated its economic loss indicator for the period 1980-2024. Weather- and climate-related extremes caused economic losses of assets estimated at EUR 822 billion during 1980-2024 in the European Union, with over EUR 208 billion (25%) between 2021 and 2024. Climate-related extreme events are expected to intensify further and the adaptation pace is not following the same speed. Associated economic losses will likely continue to increase.

and see further details on the Climate-ADAPT dashboard presenting information on total economic losses, insured economic losses and fatalities for the EU-27 and EEA member countries; per country, per year and per hazard type: https://climate-adapt.eea.europa.eu/en/knowledge/economic-losses/economic-losses-and-fatalities