Extreme heat threatens Portugal's economic growth

Friday, 3 July 2026AI summary

Economists warn that extreme heatwaves could reduce Portugal's private consumption by 1.9% and investment by 6% between 2026 and 2030. Experts from the University of Porto highlight that rising temperatures negatively impact labor productivity, healthcare costs, energy consumption, and agriculture. These climate risks are increasingly viewed as a significant threat to the national economy.