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Climate change is not the only driver defining future economic losses. Increased adaptive capacity due to adaptive measures but also increased vulnerability due to economic development and (in Europe to a lower degree) demographic evolutions will define future economic, social and environmental losses from weather and climate-related events. In addition, there is a high inter-annual variability of extreme events. Modelling all these effects with sufficient accuracy is not possible. Under similar economic conditions, the impact of climate change can be estimated.

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  • minnen (Jelle Van Minnen) 21 Nov 2021 21:43:19

    "(in Europe to a lower degree)"

    This may be the case for Europe, but may differ consierably across teh continent. It increases especially in areas with high economic growth = making the continent more vulnerable. 

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