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United in Diversity
Friday, Sep 25, 2026

Triodos Bank Warns Severe Summer Heatwaves Could Reduce 2026 EU GDP by One Percent

A macroeconomic assessment estimates that climate-induced droughts and heatwaves could cause approximately €180 billion in economic damage to the EU in 2026. The report suggests that the financial costs of climate inaction are significantly higher than the savings gained from recent regulatory deregulation.
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