The economic impact of climate change could be 6.2 billion euros (US$7.9 billion) a year by 2020 if the EU's 27 nations do nothing to adapt, says an early draft of the "Adapting to Climate Change" report, seen by Reuters on Friday.
That could rise to 54-63 billion euros a year by 2060, depending on the success of measures to cut emissions, says the draft, which has not yet been approved by Europe's environment commissioner and will not be officially adopted until April.
"The studies show a strong distributional pattern of effects predicted across Europe, with a significant trend towards more negative potential effects in southeastern Europe and the Mediterranean," said the draft.
The report did not specifically name Spain, Italy and Greece, but six accompanying maps showed heavy impacts on crop yields and availability of fresh water in all three countries.
They also highlighted increased risks from wildfires in the eastern Mediterranean and Balkans and dangerous heatwaves in Spain."
ORIGINAL SOURCE: Environmental News Network
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