Triodos Bank analysis

“Extreme heat in the summer of 2026 is estimated to have caused €180 billion in economic damage across the European Union, roughly 1 % of the bloc’s GDP, and to have erased most of the 1.1 % growth th…”

“The same source puts the EU’s gross domestic product at about €18 trillion”

“France emerges as the hardest hit, with a loss of 1.4 percentage points, turning a modest expansion into a 0.6 % contraction.”

“The Netherlands loses 0.8 percentage points, leaving its growth essentially flat.”

“Poland, despite low air‑conditioning penetration, is projected to grow about 2.9 % because it experienced a cooler summer.”