Copenhagen – Extreme weather events linked to climate change are costing Europe billions of euros each year. The European Environment Agency (EEA) estimates that the economic losses from these events between 1980 and 2023 across 38 European countries have exceeded 790 billion euros. Slovenia recorded the highest per capita loss at 8,733 euros.
The Copenhagen-based agency’s analysis included data from 27 EU member states and 11 associated nations, such as Switzerland and six Western Balkan countries.
The report highlighted that Germany faced the greatest economic damage from weather and climate events, totaling 180 billion euros, followed by Italy (135 billion euros), France (130 billion euros), Spain (97 billion euros), and Poland (20 billion euros).
On a per capita basis, Slovenia experienced the most substantial economic impact over the past 44 years, with damages amounting to 8,733 euros per person, as noted by the EEA.
Following Slovenia, Luxembourg (2,694 euros), Switzerland (2,685 euros), Italy (2,330 euros), and Spain (2,279 euros) were also significantly affected.
The EEA ranked Slovenia as the country with the highest economic damage from weather and climate events per square kilometer, totaling 866,467 euros per square kilometer.
Belgium (553,942 euros), Germany (504,812 euros), Switzerland (481,820 euros), and Italy (446,788 euros) followed in this ranking.
The analysis indicated that floods, storms, wind, and hail were the primary causes of damage. The agency cautioned that insufficient insurance coverage for these damages is leading to an increase in total economic losses that outpace insured damages. (July 2)













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