Prolonged droughts erode GDP, investment, and employment for years, a new study finds. This cost is frequently underestimated and will rise further as the planet warms.The impact of drought on Germany's river Rhine has damaged the economyThe drought of 2015-18 cost Europe €439 billion, with the impacts on construction and manufacturing lasting for years, according to Italian researchers. A study of the multi-year economic impacts of droughts has…
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