Associate Professor of Economics, Ludovica Gazze from the University of Warwick said: “The economic costs of wildfires are substantial and widespread. There are the immediate and visible costs of healthcare and assistance, as well as forgone tourist income.

“There are also the invisible costs of the pollution caused by wildfires, which can travel hundreds of miles as we saw in the case of the Canada wildfires in June. Pollution worsens health, cognition, and productivity. Thankfully, these fires in Rhodes and Corfu seem more contained, but the costs will be borne by the whole country, and beyond in the case of pollution. The key here is prevention: we need to think about where and how we build homes and hotels.”