Germany Faces €36 Bln Economic Cost From Extreme Heatwave
27 Articles
27 Articles
derwesten.de
Extreme heat and months of drought leave a huge financial hole in the German economy.
Low river levels, poor harvests, forest fires - according to an estimate by Greenpeace, the heat causes economic losses of two-digit billions. There are already several studies on the consequent costs of heat.
The extreme heat and drought of recent times have caused the German economy damage of at least 36 billion euros, according to environmental organization Greenpeace. This includes, for example, damage to agriculture and horticulture, damage from wildfires, and lower productivity of workers who suffered from the heat.
Harvest losses, heat-sick, burning forests: Greenpeace taxis the summer to 36 billion euros of economic damage and speaks of "true costs far above our calculations."
Harvest failures and stopped inland waterway transport cause enormous damage. Greenpeace warns that the true costs of dry summer are even higher.
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