The European Union loses 6.4% of its annual agricultural output – equivalent to €28 billion – as a result of climate-related risks, with drought accounting for more than half of those losses, according to Morgan Stanley.
AMWAJ Real Estate
The European Union loses 6.4% of its annual agricultural output – equivalent to €28 billion – as a result of climate-related risks, with drought accounting for more than half of those losses, according to Morgan Stanley.