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Economy
The hidden bill: How Europe's scorching summers are reshaping budgets
Another summer of record heat, drought and wildfires is leaving European governments with a bill that will land months later in the form of emergency relief, farm compensation, infrastructure repairs, unpaid taxes and food inflation.
Europe News
EU’s wildfire summer puts spotlight on EU nature restoration plans
EU countries must submit their draft nature restoration plans by 1 September, as the continent emerges from a summer that was starkly affected by wildfires and drought. Meanwhile, researchers identified a €65 billion financing gap.
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Hungary’s lakes and rivers hit record lows as severe drought deepens
Hungary is facing a severe water crisis, with prolonged heat and drought driving water levels sharply lower. Around 99% of the country is under severe or extreme drought, while desertification threatens the Great Hungarian Plain.
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Mongolia hosts UN desertification summit as drought crisis deepens
Mongolia is hosting the UN Convention to Combat Desertification’s COP17 in Ulaanbaatar from 17 to 28 August, bringing together representatives from 196 countries and the European Union to tackle land degradation, drought and desertification.
