Natural calamities and climate change have been submitted to Italy for 210 billion euros. This is a significant cost equal to the total sum of the NRRP and ten financial moves. These are the findings of the Focus Censis Conf-cooperative "Disasters and climate change: a high bill for Italy". Between 2017 and 2022, the detrimental impact of climate change was 47.8 billion. In 2022, it has costed over 1% of GDP, or approximately 17 billion. According to the analysis, Italy has accounted for one-third of the worth of damage caused by extreme events in the European Union during the last 40 years, followed by Germany (167 billion), France (120 billion), and Spain (86 billion). The agriculture industry is one of Italy's most hit economic sectors. Much of the poor outcome can be attributed to extensive drought and a lack of rainfall, with 2022 being regarded the warmest year on record. Almost all crop kinds suffered a significant setback, particularly legumes (-17.5%), olive oil (-14.6%), and cereals (-13.2%).
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