Biological invasions continue to threaten the stability of ecosystems and societies that are dependent on their services. Whilst the ecological impacts of invasive alien species (IAS) have been widely reported in recent decades, there remains a paucity of information concerning their economic impacts. Europe has strong trade and transport links with the rest of the world, facilitating hundreds of IAS incursions, and largely centralised decision-making frameworks. The present study is the first comprehensive and detailed effort that quantifies the costs of IAS collectively across European countries and examines temporal trends in these data. In addition, the distributions of costs across countries, socioeconomic sectors and taxonomic groups are examined, as are socio-economic correlates of management and damage costs. Total costs of IAS in Europe summed to US$140.20 billion (or €116.61 billion) between 1960 and 2020, with the majority (60%) being damage-related and impacting multiple sectors. Costs were also geographically widespread but dominated by impacts in large western and central European countries, i.e. the UK, Spain, France, and Germany. Human population size, land area, GDP, and tourism were significant predictors of invasion costs, with management costs additionally predicted by numbers of introduced species, research effort and trade. Temporally, invasion costs have increased exponentially through time, with up to US$23.58 billion (€19.64 billion) in 2013, and US$139.56 billion (€116.24 billion) in impacts extrapolated in 2020. Importantly, although these costs are substantial, there remain knowledge gaps on several geographic and taxonomic scales, indicating that these costs are severely underestimated. We, thus, urge increased and improved cost reporting for economic impacts of IAS and coordinated international action to prevent further spread and mitigate impacts of IAS populations.

Invasive alien species (IAS) negatively impact the environment and undermine human well-being, often resulting in considerable economic costs. The Mediterranean basin is a culturally, socially and economically diverse region, harbouring many IAS that threaten economic and societal integrity in multiple ways. This paper is the first attempt to collectively quantify the reported economic costs of IAS in the Mediterranean basin, across a range of taxonomic, temporal and spatial descriptors. We identify correlates of costs from invasion damages and management expenditures among key socioeconomic variables, and determine network structures that link countries and invasive taxonomic groups. The total reported invasion costs in the Mediterranean basin amounted to $27.3 billion, or $3.6 billion when only realised costs were considered, and were found to have occurred over the last three decades. Our understanding of costs of invasions in the Mediterranean was largely limited to a few, primarily western European countries and to terrestrial ecosystems, despite the known presence of numerous high-impact aquatic invasive taxa. The vast majority of costs were attributed to damages or losses from invasions ($25.2 billion) and were mostly driven by France, Spain and to a lesser extent Italy and Libya, with significantly fewer costs attributed to management expenditure ($1.7 billion). Overall, invasion costs increased through time, with average annual costs between 1990 and 2017 estimated at $975.5 million. The lack of information from a large proportion of Mediterranean countries, reflected in the spatial and taxonomic connectivity analysis and the relationship of costs with socioeconomic variables, highlights the limits of the available data and the research effort needed to improve a collective understanding of the different facets of the costs of biological invasions. Our analysis of the reported costs associated with invasions in the Mediterranean sheds light on key knowledge gaps and provides a baseline for a Mediterranean-centric approach towards building policies and designing coordinated responses. In turn, these could help reach socially desirable outcomes and efficient use of resources invested in invasive species research and management.

The reported costs of invasive alien species from the global database InvaCost are heterogeneous and cover different spatio‐temporal scales. A standard procedure for aggregating invasive species cost estimates is necessary to ensure the repeatability and comparativeness of studies. We introduce here the invacost r package, an open‐source software designed to query and analyse the InvaCost database. We illustrate this package and its framework with cost data associated with invasive alien invertebrates. First, the invacost package provides updates of this dynamic database directly in the analytical environment R. Second, it helps understand the heterogeneous nature of monetary cost data for invasive species, processes to harmonize the data and the inherent biases associated with such data. Third, it readily provides complementary methods to investigate the costs of invasive species at different scales, all the while accounting for econometric statistical issues. This tool will be useful for scientists working on invasive alien species, by (a) facilitating access to and use of this multi‐disciplinary data resource and (b) providing a standard procedure which will facilitate reproducibility and comparability among studies, one of the major critics of this topic until now. It should facilitate further interdisciplinary works including economists and invasion ecology researchers.

Biological invasions have profound impacts on biodiversity and ecosystem functioning and services, resulting in substantial economic and health costs estimated in the trillions of dollars. Preventing and managing biological invasions are vital for sustainable development, aligning with the goals of the United Nations Biodiversity Conference. However, some invasive species also offer occasional benefits, leading to divergent perceptions among stakeholders and sectors. Claims that invasion science overlooks positive contributions threaten to hinder proper impact assessment and undermine management. Quantitatively balancing benefits and costs is misleading, because they coexist without offsetting each other. Any benefits also come at a price, affecting communities and regions differently over time. An integrated approach considering both costs and benefits is necessary for understanding and effective management of biological invasions.

Biological invasions are a global challenge that has received insufficient attention. Recently available cost syntheses have provided policy- and decision makers with reliable and up-to-date information on the economic impacts of biological invasions, aiming to motivate effective management. The resultant InvaCost database is now publicly and freely accessible and enables rapid extraction of monetary cost information. This has facilitated knowledge sharing, developed a more integrated and multidisciplinary network of researchers, and forged multidisciplinary collaborations among diverse organizations and stakeholders. Over 50 scientific publications so far have used the database and have provided detailed assessments of invasion costs across geographic, taxonomic, and spatiotemporal scales. These studies have provided important information that can guide future policy and legislative decisions on the management of biological invasions while simultaneously attracting public and media attention. We provide an overview of the improved availability, reliability, standardization, and defragmentation of monetary costs; discuss how this has enhanced invasion science as a discipline; and outline directions for future development.