Since structural
Climate crisis
Extreme weather in the EU has moved from an insurance footnote to a recurring line in the public budget. Damage to homes, roads and harvests is the visible part; lost labour productivity, higher food prices and rising premiums are the part households pay without ever seeing an invoice.
Accrued this year
€91,537,409,081
€4,215 /sec
Per citizen
€203.87
€296 per year
Per household
€464.66
€675 per year
Cost timeline
Modelled yearly cost across the EU, 2015–2026.
Figures are EU-wide and divided equally across 449 million residents.
Direct costs
€72.0 bn/yrMoney that leaves a public budget or an invoice.
- Weather & climate related damages€45.0 bn
EEA, average of recent years
- Public adaptation & flood defence spending€18.0 bn
- Emergency response and reconstruction€9.0 bn
Indirect costs
€61.0 bn/yrPrices, productivity and welfare effects citizens absorb.
- Lost labour productivity from heat€22.0 bn
- Higher food prices from failed harvests€15.0 bn
- Rising insurance premiums for households€11.0 bn
- Health costs of heatwaves and air quality€13.0 bn