Regional hotspots are clear. Not all of Europe is affected equally. The regions that have suffered the largest historical income losses are Madrid (nearly 10% drop), Central Hungary (9.4%), and Central Spain (8.8%) . The study projects that Greek, Spanish, Romanian, Bulgarian, and Cypriot households face the steepest future losses
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Poverty risks soar. The study estimates that at 1.5°C of global warming, about 60 million Europeans could be at risk of poverty from compound climate extremes. At 2.7°C — the trajectory the world is currently on under existing policies and pledges — that number more than doubles, to 127 million people .
Long-term income projections are stark. If warming reaches 2.7°C by 2100, average European household incomes could fall 27% compared to a baseline without further warming. If warming is successfully limited to 1.5°C, the average decline would be roughly 7% .
The study was published as part of the ACCREU project and is available in Global Environmental Change .
The same week the study was released, Europe was hit by a catastrophic June 2026 heatwave that broke temperature records across multiple countries. The connection between the academic findings and real-world events was immediate and visceral.
The study's release also coincided with a stark reminder from the World Health Organization's Europe office: over the previous four years, more than 200,000 people across Europe died from heat-related causes, and most of those deaths were preventable . Globally, heat stress is the most lethal environmental hazard, causing nearly 500,000 annual deaths
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Schleypen emphasized this point: "When heatwaves and droughts occur at the same time, the damage can be much greater than when they occur separately" . The study’s data bear this out — the compound effect nearly doubles the sum of individual impacts — meaning that policymakers who plan for heatwaves or droughts in isolation are likely to underinvest in adaptation.
The research also finds that the frequency of compound heat-and-drought events is increasing across Europe, consistent with broader academic literature showing that anthropogenic climate change has doubled the frequency of such compounding events in many world regions .
"The current heatwave is already threatening people’s health, livelihoods, and ability to work," Schleypen said in the study’s press release . Scientists underscored that Europe is the world’s fastest-warming continent, with temperatures rising at about twice the global average rate, and that aging infrastructure and limited air conditioning make adaptation an urgent priority
. The study warns that without rapid emissions cuts and significantly increased investment in adaptation — especially for the most vulnerable households — inequality and poverty in Europe will worsen substantially over the coming decades
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