Climate and weather-related events in caused annual damages between 1.9 and 6.1 billion euros from 2017 to 2024. The COIN 2.0 study, led by the , found that average annual costs including heat-related deaths totaled 3.7 billion euros.
The research utilized data from the Disaster Fund, insurance companies, and national databases. Study leader Birgit Bednar-Friedl and Markus Leitner noted that direct damages to buildings, infrastructure, and agriculture averaged one billion euros annually.
The study indicates that climate-related damages are increasing, mirroring a pan-European trend. While significant, these figures exclude indirect costs like lost winter tourism, productivity losses during heatwaves, and volunteer fire brigade personnel costs.