Extreme heat could reduce Europe’s GDP by €180 billion this year

Extreme heat could reduce the GDP of the European Union by around 1% this year, or €180 billion, according to a new report by Triodos Bank.

Extreme heat could reduce the GDP of the European Union by around 1% this year, or €180 billion, according to a new report by Triodos Bank. The Dutch bank's report, Hot Summer Economics, suggests that the 'record heat and prolonged drought' impacting...

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