The European Green Deal What if we do not act? “The cost of the transition will be big, but the cost of non-action will be much bigger.” Ursula von der Leyen, President of the European Commission December 2019 #EUGreenDeal Without action on climate change, the EU will see, in the lifetime of our children: Pollution 400,000 premature deaths per year today due to air pollution. Heat and drought 90,000 annual deaths as a result of heatwaves1 660,000 additional asylum applications per year in the EU at 5°C temperature increase2 16% of species at risk of extinction at 4.3°C temperature increase3 Source: European Environment Agency, Air quality in Europe - 2019 report Source: (1) European Commission’s Joint Research Centre PESETA IV, in press; (2) A. Missirian & W. Schlenker, Asylum applications respond to temperature fluctuations, Science, Vol. 358, Issue 6370, pp. 1610-1614, 2017; (3) IPBES 2019, Global Assessment Water and flooding 40% less available water in southern regions of the European Union Half a million people exposed to river flooding each year 2.2 million people exposed to coastal inundation each year The longer we wait, the harder it becomes to reach low temperature targets and the more expensive the necessary efforts will become. Economics €190 billion annual losses projected for a 3℃ increase in global average temperature Globally, the number of people at risk of being forced from their homes by river flooding could increase to 50 milliona year Climate change could lead to a 20%food price rise in 2050 Economic costs of heat-related mortality could amount to more than €40 billion per year  © Associated Press Source: European Commission’s Joint Research Centre, PESETA IV, in press Source: COACCH, The economic cost of climate change in Europe, 2018 Source: Ciscar et al., 2014: Climate impacts in Europe, the European Commission’s Joint Research Centre PESETA II project Source: Internal Displacement Monitoring Centre, Assessing the impacts of climate change on flood displacement risk, 2019 Print ISBN978-92-76-13591-3 doi:10.2775/13641 NA-03-19-926-EN-C PDF ISBN978-92-76-13574-6 doi:10.2775/686888 NA-03-19-926-EN-N