Search Climate Insights Directory

The document analyzes river flood risks in the EU27, finding that combined climate and socio-economic changes could increase expected annual damages (EAD) from €5.5 billion in the baseline period to €97.9 billion by the 2080s under a medium-high emission scenario (A1B). It emphasizes that socio-economic growth is as significant a driver of damage as climate change. Adaptation to maintain 1-in-100-year protection levels is projected to provide substantial benefits, reducing EAD by up to €50 billion per year by the 2080s, with estimated annual adaptation costs rising to €7.9 billion in the same period. The report highlights significant uncertainty across different climate models, which can project opposite directions of risk change at local levels, necessitating flexible and robust adaptation strategies.