Bad weather: Consultancy says 15 to 25 million in restoration would have saved hundreds of millions

Tuesday, 17 March 2026RSS
Bad weather: Consultancy says 15 to 25 million in restoration would have saved hundreds of millions

A consultancy firm, NBI-Natural Business Intelligence, estimates that investing 15 to 25 million euros in ecological restoration could have mitigated hundreds of millions in losses from this year's storms. By analysing the 'train of storms' in January and February, which caused between 5 and 6 billion euros in damage, the firm suggests that 15% of these losses—largely linked to flooding—could have been avoided through nature-based solutions. Nuno Gaspar de Oliveira, director of NBI, argues that the country is losing its natural capacity to absorb extreme events and criticises the current economic model that views investment in nature as a cost rather than a protective asset. Meanwhile, the government has announced a 111-million-euro plan to recover coastal areas affected by the bad weather.

Context & Explainers

Sustainability (sustentabilidade) means meeting present needs without reducing the ability of future generations to meet theirs, covering environmental, economic and social dimensions. For residents it affects local planning, jobs and services—look for municipal or company targets, timelines and measurable actions when assessing how sustainable a place or employer is.

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