Environment minister warns of enormous economic damage from heat

Carsten Schneider commented on Sunday about the recent heat records and the consequences of water shortages for the economy.

The environment minister stated that Germany is not yet sufficiently prepared for increasing heat waves. The heat is causing enormous damage to the economy. The government is working on a climate adaptation law and the redevelopment of cities with more trees, green spaces and shade as well as less sealing.

Water scarcity is increasingly becoming a location issue for companies, Schneider said. Falling groundwater levels and drying lakes are economically relevant because many firms depend on water availability. Large settlements with high water needs could be slowed in the future.

In addition to supply security for the next ten to 20 years, acceptance among the population also plays a role. Restrictions already exist in some regions and resistance is growing if water shortages are feared. The adaptation process will take 20 to 25 years.

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