Climate crisis: The 900 billion euro risk for Germany

Forest fire in Brandenburg

In Germany, too, there is more and more fire damage in nature.

(Photo: imago images/Marius Schwarz)

Berlin Experts have long been warning of increasing risks from global warming, which in Germany is primarily reflected in heavy rain, floods, heat waves and droughts.

Since the turn of the millennium, the total damage caused by extreme weather in Germany has amounted to a good 145 billion euros. But it could get worse. This is the result of a study commissioned by the Federal Ministry of Economics and Climate Protection, which will be presented in Berlin on Monday and which was previously available to the Handelsblatt.

The study by the Institute for Ecological Economic Research (IÖW), the Society for Economic Structural Research (GWS) and Prognos AG quantifies the costs in various scenarios. Depending on the extent of global warming, experts expect economic damage of between 280 and 900 billion euros between 2022 and 2050.

Not all damage can be quantified. There are also health impairments and deaths from heat and flooding and the loss of biodiversity.

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