which could reach $500 billion.

In conditions of extreme temperatures, states reduce the capacity of nuclear power plants, freeze transportation and risk losing part of the harvest.

It is estimated that GDP losses will amount to about $240 billion for France, $147 billion for Italy, $131 billion for Germany and $120 billion for Spain. In France, the heat forced the reduction of power or shutdown of nuclear reactors due to overheating of river water used for cooling. At the same time, the price of electricity began to rise in the country, which further increased the burden on industrial enterprises and households.

Italy and Spain have faced serious disruptions in their transport infrastructure, and authorities in some regions have frozen non-essential activities. Drought also reduces yields, which poses risks to food security.

In Germany, thermal expansion of rails caused speed restrictions and flight cancellations, disrupting transportation schedules. At the same time, there is an increase in peak energy consumption due to the massive use of cooling systems, which increases costs for businesses.

@ria_novosti_russya