CRI: Italy Tops EU in Climate Losses: $60 Billion Impact

The latest CRI report shows devastating figures. Nearly 800,000 people have died worldwide in the last 30 years due to over 9,400 extreme weather events that have caused economic damage totaling $4.2 trillion. Furthermore, Dominica, China and Honduras were the countries most affected by floods, storms and heat waves from 1993 to 2022.

Italy, with economic losses of around $60 billion and more than 38,000 victims, was the most affected country in Europe. That is what emerges from the Climate Risk Index (CRI) of 2025 by Germanwatch, which ranks countries based on the human and economic effects of extreme weather events.

The latest edition of the CRI highlighted the increase in losses and the urgency of greater climate resilience and concrete actions

Published since 2006, it is one of the longest-running annual indices related to climate impacts and analyses the degree of impact of climate-related extreme weather events on countries, measuring the consequences of realized risks. The CRI also displays the degree of impact of such events two years before the publication of the index and in the previous 30 years.

The CRI index contextualizes international debates and processes on climate policy , taking into account the climate risks that countries are facing, and makes it easier to aggregate and understand the impacts of climate-related extreme weather events in different regions and time periods.

The most affected countries rank highest and should consider the CRI results as a warning signal , as they are at risk of frequent events or rare and unusual extreme events.

CRI: Ranking and main results

Scorching heat, heavy rains, devastating fires, deadly floods and devastating storms: extreme weather events have become all too common in a new global reality. The relaunched Climate Risk Index 2025 sheds light on the rising cost of inaction and reveals mounting human and economic harm.

From 1993 to 2022, more than 765,000 lives were lost and nearly $4.2 trillion in direct economic losses were recorded, caused by more than 9,400 extreme weather events. The frequency and intensity of climate-related disasters continues to increase, and these figures underscore the urgency of climate action.

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(Featured image by Egor Gordeev via Unsplash)

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