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

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Risk

Study: Flood-related costs on track to hit £3.6bn a year by 2050

Study: Flood-related costs on track to hit £3.6bn a year by 2050

Analysis from Public First warns the economic costs associated with increasing flood risks are being badly underestimated

Michael Holder
clock 20 March 2025 • 3 min read
'Economic and financial instability': Study lays bare huge risks of delaying net zero goals

'Economic and financial instability': Study lays bare huge risks of delaying net zero goals

Academic study argues delayed and disorderly transition to net zero would lead to 'increased inflation, higher interest rates, economic stagnation, and financial instability'

Michael Holder
clock 20 March 2025 • 5 min read
The hidden economic crisis lurking in your water supply

The hidden economic crisis lurking in your water supply

Businesses should assess how vulnerable their current water supply is, consider what a significant shortage would mean for their daily operations, and take decisive steps to build resilience, writes Everflow's Lois Gill

Lois Gill, Everflow
clock 19 March 2025 • 5 min read