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European flood losses could increase four-fold by 2050

2014-03-03 13:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Losses from extreme floods in Europe could soar over the next 36 years, as climate change and socioeconomic development have an impact. In addition, extreme events will also become more frequent. The research, published in the journal Nature Climate Change, uses a new model to assess the cost of flooding across Europe. Researchers from the International Institute for Applied Systems Analysis (IIASA) estimated that in the European Union, flood costs averaged EUR4.9 billion (4 billion) a year from...

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