Climate change costing Germany billions of euros a year

Source(s): Deutsche Welle

Climate change has cost Germany an average of €6.6 billion ($6.7 billion) per year since 2000, a study commissioned by the country's ministry for economic affairs and climate action has found.

[...]

"It is no longer a question of whether climate damage will occur, but only how often, how severe and how expensive it will be — and above all, who will be particularly affected," said senior ministry official Jochen Flasbarth.

The meeting in Berlin comes as scientists predict the extreme heat slamming large parts of Europe could become the new normal if global warming continues.

[...]

Environmental activists warned that recent efforts by countries such as Germany to tap new sources of fossil fuels could undermine countries' already fragile climate actions.

[...]

 

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