Global warming could cost EU up to €65bn a year

Europe could face annual losses of up to €65bn annually in the 2080s from climate impacts on agriculture, river flooding, coastal systems and tourism, according to a study on the economic effects of global warming published on Wednesday.

The EU's Joint Research Centre (JRC) calculated losses for these sectors under four scenarios ranging from a temperature increase in Europe of 2.5-5.4 degrees Celsius. This corresponds to a 2.6-3.4 degree global temperature rise above pre-industrial levels.

Please sign in to access this article. To subscribe, view our subscription options, or take out a free trial.

Please enter your details

Forgotten password?

Having trouble signing in?

Contact Customer Support at
subs@endseurope.com
or call 020 8267 8120

Not a subscriber?

Take a free trial now to discover the critical insights and updates our coverage offers subscribers.