Bulgaria's Purchasing Power: Lagging Behind EU Peers After Two Decades
Bulgaria's purchasing power stands at about 60% of the European average
The European Environment Agency (EEA) issued a stark warning today, as the European Union finds itself woefully unprepared to confront the escalating threats posed by climate change. The EEA, quoted by DPA and reported by BTA, highlighted the increasing dangers of extreme heat, forest fires, and severe floods, emphasizing that these perils are outpacing society's readiness to combat them.
The agency's director, Leena Jula-Mononen, delivered a sobering message at the release of a new report, asserting that the pace of climate threats is accelerating faster than our ability to respond. The EEA's inaugural climate change risk assessment paints a grim picture, indicating that various sectors, including public infrastructure, finance, health, and the environment, are all at risk, with some facing greater peril than previously anticipated.
Europe, labeled as the fastest warming continent globally, is witnessing a surge in extreme heat events, alongside shifting rainfall patterns and increasingly heavy downpours leading to catastrophic floods in several regions. The report underscores the threat posed by rising temperatures and droughts to crop production in southern Europe, while also highlighting risks to power transmission and generation systems.
The human toll of climate change is profound, with extreme heatwaves contributing to tens of thousands of premature deaths in Europe annually, particularly in the southern regions. Furthermore, the encroachment of tropical diseases into southern Europe due to rising temperatures underscores the severity of the crisis.
Without decisive action, the report warns of dire consequences by the end of the century, including hundreds of thousands of heat-related deaths and economic losses surpassing €1 trillion annually from flooding alone. Such losses would dwarf the already substantial €650 billion incurred between 1980 and 2022 from weather and climate-related extremes.
The EEA stresses the urgent need for effective adaptation measures and enhanced prevention efforts to mitigate these impacts. Collaboration at the EU and member state levels is deemed essential, with a call for new plans to address the looming challenges posed by climate change. Temperatures in Europe are rising at twice the global average rate, and while efforts to curb warming are crucial, global temperatures have already exceeded pre-industrial levels by more than 1 degree Celsius. The magnitude of future damage hinges on timely policymaker interventions, including improved insurance coverage, infrastructure redesign, and laws safeguarding outdoor workers from lethal heat exposure.
Tomorrow, the European Commission is set to unveil a strategy aimed at bolstering the bloc's resilience to climate change. As Europe grapples with the escalating climate crisis, urgent and concerted action is imperative to avert catastrophic consequences.
On November 30, much of Bulgaria will experience cloudy weather, with rain expected across Western and Central regions. In the Forebalkan area,
Bulgaria's Road Infrastructure Agency (RIA) advises drivers to ensure their vehicles are prepared for winter conditions as worsening weather is expected in the coming days
December in Bulgaria is set to bring a range of winter conditions, with temperatures varying significantly from region to region
Starting December 1, Sofia will implement its low-emission zone (LEZ) once again, extending its scope to include additional vehicle categories
On November 29, the weather in Bulgaria will be mostly cloudy, with rain showers in the western regions and snow falling in the mountains above 1,600 meters
The weather across Bulgaria on November 28 is expected to feature a mix of sunshine and clouds
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