As of 2020, the economic damage due to coastal flooding in the European Union (including the UK) stood at around 1.4 billion euros per year. This figure could grow to more than 200 billion euros per year by 2100, under a high emissions scenario where no adaptation measures are taken. In contrast, if adaptation measures are applied, economic damage caused by coastal floods in the EU would remain below 25 billion euros per year, even under a high emissions scenario.
Economic damage due to coastal flooding in the European Union in 2020 and 2100, by scenario
(in billion euros per year)
Characteristic
Economic damage in billion euros per year
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European Commission. (May 15, 2020). Economic damage due to coastal flooding in the European Union in 2020 and 2100, by scenario (in billion euros per year) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1340429/economic-damage-due-to-coastal-floods-by-scenario-eu/
European Commission. "Economic damage due to coastal flooding in the European Union in 2020 and 2100, by scenario (in billion euros per year)." Chart. May 15, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1340429/economic-damage-due-to-coastal-floods-by-scenario-eu/
European Commission. (2020). Economic damage due to coastal flooding in the European Union in 2020 and 2100, by scenario (in billion euros per year). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1340429/economic-damage-due-to-coastal-floods-by-scenario-eu/
European Commission. "Economic Damage Due to Coastal Flooding in The European Union in 2020 and 2100, by Scenario (in Billion Euros per Year)." Statista, Statista Inc., 15 May 2020, https://www.statista.com/statistics/1340429/economic-damage-due-to-coastal-floods-by-scenario-eu/
European Commission, Economic damage due to coastal flooding in the European Union in 2020 and 2100, by scenario (in billion euros per year) Statista, https://www.statista.com/statistics/1340429/economic-damage-due-to-coastal-floods-by-scenario-eu/ (last visited August 25, 2024)
Economic damage due to coastal flooding in the European Union in 2020 and 2100, by scenario (in billion euros per year) [Graph], European Commission, May 15, 2020. [Online]. Available: https://www.statista.com/statistics/1340429/economic-damage-due-to-coastal-floods-by-scenario-eu/