Business Insurance

Login  |  Register Subscribe

cbVid =

Climate change may cost Europe $258.6 billion: Report

July 2, 2014 - 6:00am

Climate damages due to global warming could cost Europe €190 billion ($258.6 billion), a report by the European Union's Joint Research Centre said.

The report said losses from flood damages could surpass €10 billion ($13.61 billion), while in southern Europe 8,000 square kilometers of forest could burn, Energy Live News reported.

The United Kingdom and Ireland would account for 5% of the losses, southern Europe and central southern Europe 70% and northern Europe 1%, the report added.

Read more


Get our daily Global Focus newsletter

Related Articles and Documents

Rural towns starved of funds to fight rising seas

You may also want to visit

International Content