Estimation of costs resulting from climate change in Germany
A recently published study estimates the costs in Germany of the exceptionally hot and dry summers of 2018 and 2019 and the floods, in particular on the Ahr and Erft rivers, in 2021. The research, commissioned by the German Federal Ministry of Economics and Climate Action (BMWK) and the Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV) shows that tangible losses resulting from extreme weather events amount to at least 80 billion euros since 2018.
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Date: 24 Aug 2022