A recent report by the European Environment Agency (EEA) reveals that European agriculture is increasingly at risk from climate extremes, with drought being the most economically damaging hazard. Crop yields could decline by up to 22% in dry years, and prolonged droughts might reduce key crop production by about 10%. Without significant climate action, annual drought losses in the EU and the UK could rise from EUR 9 billion to over EUR 65 billion by 2100. The Mediterranean region is particularly affected, with agriculture accounting for 60% of drought losses.