Home News Archive Economic losses from weather extremes in Europe reached around half a trillion euros over past 40 years

Economic losses from weather extremes in Europe reached around half a trillion euros over past 40 years

Extreme weather events like storms, heatwaves and flooding accounted for economic losses of around half a trillion euros over the past 40 years and led to between 85,000 and 145,000 human fatalities across Europe. Less than one-third of these losses were insured, according to a European Environment Agency (EEA) analysis of economic losses and fatalities from weather and climate-related events.
Date: 03 Feb 2022