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Economic losses from weather and climate-related extremes in Europe reached around half a trillion euros over past 40 years

News Published 03 Feb 2022 Last modified 07 Feb 2023

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Photo: © ony Gallicchio, Climate Change PIX /EEA

Extreme weather events like storms, heatwaves and flooding accounted for economic losses of around half a trillion euros over the past 40 years and led to between 85 000 and 145 000 human fatalities across Europe. Less than one-third of these losses were insured, according to a European Environment Agency (EEA) analysis of economic losses and fatalities from weather and climate-related events, published today.