If no further action is taken and global temperature increases by 3.5 C, climate damages in the EU could amount to at least 190 billion euros, a net welfare loss of 1.8% of its current GDP. Several weather-related extremes could roughly double their average frequency. As a consequence, heat-related deaths could reach about 200 000, the cost of river flood damages could exceed EUR10 billion and 8000 km2 of forest could burn in southern Europe. The number of people affected by droughts could increase by a factor of seven and coastal damage, due to sea-level rise, could more than triple.
Posted: Jun 25th, 2014Read more