AIRLINK 74.29 Increased By ▲ 0.29 (0.39%)
BOP 4.95 Decreased By ▼ -0.07 (-1.39%)
CNERGY 4.37 Decreased By ▼ -0.05 (-1.13%)
DFML 38.80 Decreased By ▼ -0.40 (-1.02%)
DGKC 84.82 Decreased By ▼ -1.27 (-1.48%)
FCCL 21.21 Decreased By ▼ -0.44 (-2.03%)
FFBL 34.12 Increased By ▲ 0.11 (0.32%)
FFL 9.70 Decreased By ▼ -0.22 (-2.22%)
GGL 10.42 Decreased By ▼ -0.14 (-1.33%)
HBL 113.00 Decreased By ▼ -0.89 (-0.78%)
HUBC 136.20 Increased By ▲ 0.36 (0.27%)
HUMNL 11.90 No Change ▼ 0.00 (0%)
KEL 4.71 Decreased By ▼ -0.13 (-2.69%)
KOSM 4.44 Decreased By ▼ -0.09 (-1.99%)
MLCF 37.65 Decreased By ▼ -0.62 (-1.62%)
OGDC 136.20 Increased By ▲ 1.35 (1%)
PAEL 25.10 Decreased By ▼ -1.25 (-4.74%)
PIAA 19.24 Decreased By ▼ -1.56 (-7.5%)
PIBTL 6.71 Increased By ▲ 0.03 (0.45%)
PPL 122.10 Decreased By ▼ -0.90 (-0.73%)
PRL 26.65 Decreased By ▼ -0.04 (-0.15%)
PTC 13.93 Decreased By ▼ -0.40 (-2.79%)
SEARL 57.22 Decreased By ▼ -1.90 (-3.21%)
SNGP 67.60 Decreased By ▼ -1.90 (-2.73%)
SSGC 10.25 Decreased By ▼ -0.08 (-0.77%)
TELE 8.40 Decreased By ▼ -0.10 (-1.18%)
TPLP 11.13 Decreased By ▼ -0.10 (-0.89%)
TRG 62.81 Decreased By ▼ -2.04 (-3.15%)
UNITY 26.50 Increased By ▲ 0.25 (0.95%)
WTL 1.35 Increased By ▲ 0.01 (0.75%)
BR100 7,800 Decreased By -50.5 (-0.64%)
BR30 25,138 Decreased By -198.6 (-0.78%)
KSE100 74,957 Decreased By -250.1 (-0.33%)
KSE30 24,083 Decreased By -59.5 (-0.25%)

BERLIN: Weather catastrophes triggered by climate change have cost Germany at least 80 billion euros since 2018, a “horrifying” official study said on Monday, as disasters grow more frequent and intense.

The report commissioned by the economy and environment ministries estimated the impact of drought, floods and extreme heat in Germany between 2000 and 2021 was nearly 145 billion euros ($147 billion), most of it seen in recent years.

Since 2018 alone, damage to buildings and infrastructure as well as lost revenue in sectors such as forestry and farming in Europe’s top economy reached over 80 billion euros.

Environment Minister Steffi Lemke said the “horrifying scientific data” illustrated the “enormous damage and costs” of the climate crisis.

“The numbers sound the alarm for more prevention when it comes to the climate,” she said in a statement.

“We have got to and will invest more in climate protection and adaptation to protect our people.”

Economy Minister Robert Habeck, whose brief includes climate policy, said national measures would have to go hand-in-hand with accelerated global action to “keep the impact of the climate crisis at a bearable level”.

The study showed accelerated effects over time, with the abnormally hot, dry summers of 2018 and 2019 and deadly floods in the Rhineland one year ago recorded as particularly devastating.

The 2018-2019 droughts were shown to have cost 34.9 billion euros, the floods an estimated 40.5 billion euros, and damage from severe storms another 5.2 billion euros.

However the authors of the study said their estimates were almost certainly too low as key factors including health effects and the consequences for biodiversity were not included.

The report came as a heatwave engulfing parts of southwest Europe was expected to reach regions of Germany. Scientists blame climate change and predict more frequent and intense episodes of extreme weather.

Comments

Comments are closed.