Flood damage cost to rise fivefold across Europe, study says

clock •

Increasingly intense downpours driven by climate change will see flood damages rise from €4.5bn to €23bn a year by 2050

The huge cost of flood damage is set to soar fivefold across Europe in coming decades, according to the first comprehensive analysis of risk across the continent. The cost of homes, belongings, businesses...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

How a 'growing wave' of litigation linked to renewables value chains could slow the clean energy transition
Risk

How a 'growing wave' of litigation linked to renewables value chains could slow the clean energy transition

Experts warn that it companies and investors fail to urgently address disregard for the human rights in the renewable energy value chain, 'we are likely to see a derailing of the much-needed clean energy transition'

Stuart Stone
Stuart Stone
clock 01 July 2025 • 7 min read
'Acting now is the only responsible choice': UKGBC urges government to treat climate resilience as a national emergency
Risk

'Acting now is the only responsible choice': UKGBC urges government to treat climate resilience as a national emergency

UK Green Building Council's new Climate Resilience Roadmap identifies areas across the country most vulnerable to climate hazards

Amber Rolt
clock 27 June 2025 • 3 min read
'Managing the inevitable': AXA Climate white paper to help businesses better prepare for extreme weather
Risk

'Managing the inevitable': AXA Climate white paper to help businesses better prepare for extreme weather

New white paper to help firms rethink how they approach climate risk and combine global visions with 'very local' adaptation challenges

Stuart Stone
Stuart Stone
clock 20 June 2025 • 5 min read