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Why Athens?

Athens, one of the most ancient and beautiful cities globally, will expose to the high risk of a lethal heatwave in the future. An analysis of 571 European cities by Newcastle University in 2018 predicted it would experience the worst increases in severe drought and heatwaves by 2050. In a similar study, the rating agency Moody’s also ranked the Greek capital highest in terms of exposure to rising temperatures. With heatwaves likely to become more frequent and extreme, it forecast that Greece’s credit strength would also become “sensitive to climate change …. [particularly] if heatwaves were to depress tourist activity”.

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