Adaptation investment needs per Member State across exposure sensitivity scenarios (EUR billion)

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EU needs to invest €70 billion per year in CA up to 2050

By Sergio Matalucci

Published January 23, 2026

Infrastructure vulnerability is consistently identified as a critical concern across Europe due to slow-onset events like sea-level rise, and extreme weather such as storms and heatwaves.

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The European Commission published its “Assessment of EU and Member States Adaptation Investment Needs”, a study on the macro-economic impacts of the climate transition.

The 110-page report, which includes investment needs per country and per measure, suggests that the Member States and the private sector should invest about €70 billion per year until 2050 in climate adaptation.

“The study finds that of the annual €70 billion that need to be invested in adaptation, about €30 billion are needed for infrastructure, €21 billion for ecosystems and €12 billion for food security”, said the European Commission, adding that France, Italy, Germany and Spain have the largest adaptation investment needs, in part due to their geographic and economic size.

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