Summer heat cost European economy 113 billion euros this year, study finds

Europe's economy lost an estimated 113 billion euros this year as a result of summer heat, according to new research cited by Russian state news agency TASS.

The study reportedly combined weather data and recorded damage statistics with economic modeling to estimate the broader financial implications of extreme summer temperatures across the continent. Such assessments typically account for factors including reduced labor productivity, agricultural losses, higher energy demand for cooling, and damage to infrastructure during heat waves.

Europe has experienced a series of increasingly intense and prolonged heat waves in recent years, a trend that climate scientists have linked to broader global warming patterns. Economic assessments of heat-related losses have become more common as researchers and policymakers seek to quantify the costs of climate-related extreme weather events.

The scale of the estimated losses underscores the growing economic stakes tied to rising temperatures for European governments and businesses, many of which are also grappling with the costs of adapting infrastructure and public health systems to more frequent extreme heat events.

Further details on the study's specific methodology and the researchers or institution behind it were not provided in the available reporting.