Eurostat

The indicator measures insured economic losses from weather and climate-related disasters expressed as eonomic losses per year in million euro (in current values). Types of disasters considered are hydrological, meteorological and climatological events. The indicator is based on data from the NatCatSERVICE managed by Munich Reinsurance Company. The NatCatSERVICE is a global database of natural catastrophe data around the world, collected since 1974.

The indicator measures the total amount spent from the annual budget of the EU Member States as well as of the European Commission and the European Investment Bank, in order to contribute to the international 100bn USD commitment for climate finance under the United Nations Framework Convention on Climate Change (UNFCCC). The 21st UNFCCC Conference of the Parties in Paris urged developed-country Parties again to ‘scale up their level of financial support, with a concrete roadmap to achieve the goal of jointly providing USD 100 billion annually by 2020 for mitigation and adaptation and to further provide appropriate technology and capacity-building support.

Heating degree day (HDD) is a weather-based technical index designed to describe the need for the heating energy requirements of buildings. Cooling degree day (CDD) is a weather-based technical index designed to describe the need for the cooling (air-conditioning) requirements of buildings. HDD and CDD are derived from meteorological observations of air temperature, interpolated to regular grids at 25 km resolution for Europe. Calculated gridded HDD and CDD are aggregated and subsequently presented on NUTS 2 level. This dataset includes monthly data as published by the Joint Research Centre's AGRI4CAST Resources Portal. Note that Eurostat is not the producer of the monthly data, but is only re-publishing them. Annual data are calculated as sum of monthly data by Eurostat.

Heating degree day (HDD) is a weather-based technical index designed to describe the need for the heating energy requirements of buildings. Cooling degree day (CDD) is a weather-based technical index designed to describe the need for the cooling (air-conditioning) requirements of buildings. HDD and CDD are derived from meteorological observations of air temperature, interpolated to regular grids at 25 km resolution for Europe. Calculated gridded HDD and CDD are aggregated and subsequently presented on NUTS 2 level. This dataset includes monthly data as published by the Joint Research Centre's AGRI4CAST Resources Portal. Note that Eurostat is not the producer of the monthly data, but is only re-publishing them. Annual data are calculated as sum of monthly data by Eurostat.

6.1. Reference area