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Europe faces $128 billion heatwave hit in 2026

Original: # Europe Climate shock: Europe faces $128 billion heatwave hit in 2026; India stares at $50 billion El Niño impact The e

New estimates point to a $128 billion economic hit for Europe from heatwaves in 2026, based solely on temperature-related effects and excluding further losses from floods, droughts and wildfires. India is also facing an estimated $50 billion impact tied to El Niño conditions. The figures are drawing attention to the rising economic cost of extreme weather across both regions.

Why now: The scale of the projected economic losses makes the cost of climate change concrete and current for readers in both regions.

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• # Europe Climate shock: Europe faces $128 billion heatwave hit in 2026; India stares at $50 billion El Niño impact The estimate is based specifically on temperature-related economic effects. It does not include additional losses from floods, droughts, wildfires and other… · Snoro · 6

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