France estimates losses of up to €15 billion due to heat waves.

The heat waves that have hit France in recent months could cause direct and indirect losses of between €10 billion and €15 billion, the country's Environment Minister, Monique Barbut, said on Wednesday (12). According to calculations by the French National Institute of Statistics and Economic Studies (INSEE), the heat waves recorded this year were longer and more intense than those observed in 2022. According to Barbut, the climatic conditions also contributed to more extensive forest fires and a sharper drop in agricultural production, amplifying the economic impacts on the country. In addition to the high temperatures, France is facing a persistent drought. The minister stated that more than 40,000 people have been affected by cuts in water supply due to water scarcity.

This text was translated by machine from Brazilian Portuguese.