Euractiv's Advocacy Lab Est. 1min 27-05-2024 (updated: 10-06-2024 ) Content-Type: Underwritten Underwritten Produced with financial support from an organization or individual, yet not approved by the underwriter before or after publication. European Union could lose seven per cent of its GDP dealing with the impacts of climate change by the 2030s. [Shutterstock / Heidi Besen] Euractiv is part of the Trust Project >>> Print Email Facebook X LinkedIn WhatsApp Telegram A new series of reports published recently by the World Bank in partnership with the European Commission paints a troubling picture of Europe’s readiness to handle the effects of climate change over the coming years. Among the most alarming findings, the World Bank reports that the European Union could lose seven per cent of its GDP dealing with the impacts of climate change by the 2030s. The reports, themed ‘Economics for Disaster Prevention and Preparedness in Europe’ look closely at how Europe faces overwhelming losses and destruction from climate-related disasters as the continent is warming faster than any other region in the world, and how overlapping priorities, limited funds, focused and smart investments are needed to strengthen and adapt critical sectors across Europe to disaster and climate risks. This Special Report examines some of the critical issues highlighted by the research studies. Subscribe now to our newsletter EU Elections Decoded Email Address * Politics Newsletters Europe unprepared for climate disaster, warns World Bank News | Advocacy Lab Content | Energy & Environment 21-05-2024 Est. 7minClimate-related disasters cost Europe more than €77 billion last year, according to a new report. But costs can be lowered with better data and financing strategies. Resilience, reliance, readjustment: How Ukrainians are coping with the war Opinion | Promoted content | Global Europe 10-06-2024 Est. 6minA year-long Listening to Ukraine survey offers insight into the well-being of ordinary Ukrainians and how the government's response, enabled by external support, has helped citizens adjust.
