The costs include loss of agricultural yields, damage or destruction of buildings and infrastructure due to heavy rain and flooding, impairment of goods transportation and impact on the health system.
The study did not account for non-financial damage such as health impairments, deaths from heat and floods and loss in biodiversity. Climate change extreme weather events have already cost Germany at least 145 billion euros between 2000 and 2021, 80 billion of which were in the past five years only, including the 2021 floods in the states of Rhineland-Palatinate and North Rhine-Westphalia, the economy ministry said.
Possible damage costs could be reduced completely through climate adaptation measures such as carbon storing if climate change was only mild, the study found, adding that around 60% to 80% of costs could be spared under such measures depending on how strongly climate would change. The study did not mention how much climate adaptation measures could cost the federal and state governments.
Which change? Too much moisture or not enough? Too high of temperature or too low?
Germany has already paid more than 200 billion euros for energy subsidies since the yankees have blown up the Nord Stream ! And they still paying since the end of WW2!
And let me guess , the US WorldBank will had out the Loan of 900 billion . ClimateScam
Reuters, are pure Blackrock lobbyists.
Send the bill to the deniers….
*German taxpayers
When has the climate not changed?
How do u know? I thought it was under pressure 😸
But sure, oil and gas are 'worth it' for our economy.
Developing countries emit 73% of CO2
Lol
Stop paying it Germany climatechange
How much did the study cost? Will there be a study on the study?
Those responsible should pay, meaning a) politicians who killed and harmed countless people in the present and future by neglecting making proper effective policies b) those fly a lot, eat lots of meat, drive cars a lot, ...
We're still doing this?
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