Heatwave causes 6.32 billion euros in damages

A Prognos analysis shows the late June heatwave cost the German economy 6.32 billion euros. Experts expect recurring billion-euro damages.

The German economy must prepare for recurring billion-euro damages from heatwaves. The economic research firm Prognos calculated this in an analysis for Handelsblatt.

The late June heatwave with temperatures above 35 degrees alone cost 6.32 billion euros. Costs could reach nearly one billion euros on each such day.

Experts consider three or four heat periods of this magnitude per year possible. Annual damages could then exceed 20 billion euros.

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A realistic illustration of a heatwave affecting wildlife and the elderly in Germany, featuring animals at water stations and an exhausted senior in a dry forest.
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Heatwave strains wildlife and health in Germany

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Conservationists in Hessen urge support for wildlife with water stations. Doctors warn of heat-related deaths among the elderly.

An early estimate suggests Europe’s most extreme heatwave killed approximately 20,390 people between 22 and 28 June. Researchers based the figure on temperature and mortality data from prior years. Official counts remain far lower as data collection continues.

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Western and central Europe is experiencing its hottest and most humid heatwave on record this week, with temperatures that would have been virtually impossible without climate change. The event, running from 26 to 28 June, is expected to cause thousands of deaths.

New research shows that two specific jet stream configurations are responsible for heatwaves lasting two weeks or more across western Europe. The findings come from analysis of climate model simulations and could improve forecasting of extended hot spells.

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Spain's first summer heatwave, which began on June 21, coincides with studies linking high temperatures to increased gender-based and family violence.

SMHI has issued orange warnings for high temperatures in parts of Götaland. Fire bans are in place on Gotland, in Malmö and Lund due to drought and fire risk.

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The Western Cape Government reports that storms last month caused nearly R10 billion in damage across the province. Eleven people died in the floods and one remains missing. Additional funding will be requested from the national government.

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WHO: Over 200,000 have died from heat in Europe since 2022

 

 

 

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