Extreme Weather Events in Summer 2025: Europe Faces Long-Term Losses of 126 Billion Euros

Heat waves, droughts, and floods affected around a quarter of EU regions in the summer of 2025. A new extended study by Dr. Sehrish Usman from the University of Mannheim and economists from the European Central Bank shows: The economic consequences are considerable – with estimated losses of 43 billion euros in 2025 alone and a total of 126 billion euros by 2029.

Extreme weather events not only affect daily life – they also leave deep economic scars. A new study uses current weather data and historical comparative values to show for the first time how severely individual regions in the European Union are already affected by the consequences of climate change. Usman, a post-doctoral student at the Chair of Corporate Governance at the University of Mannheim, played a key role in the study.

to the press release

Credit: 123rf/S.Piyaset

Credit: privat

Back