Croatia
HGK warns: Climate change already costing Croatia billions
HGK Vice President Marija Šćulac emphasizes that extreme heat, droughts, and wildfires have become a concrete threat to economic competitiveness, with World Bank estimates suggesting the need for additional annual investments of 1.1% of GDP.
Croatia
Croatia Must Allocate 1.1 Percent of GDP Annually to Combat Drought
Estimates show drought damage in Europe could reach 126 billion euros annually, and the Vice President of the Croatian Chamber of Economy warns that modernizing the power grid is a key priority.