Skip to content
Saturday 29 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,824.26
+0.29%
DAX
26,569.99
+0.77%
CAC 40
8,401.18
+0.98%
STOXX 50
6,485.67
+0.95%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Thursday 18 April 2019 10:56 am  |  Updated:  Monday 03 June 2019 12:55 am

The Notre Dame tragedy shows how much we value art and culture – we must protect other monuments

The medieval cathedral of Notre Dame is the most visited monument in Europe, welcoming 14m visitors each year. The Gothic building has stood as one of France’s most famous landmarks for 850 years.

And yet in a matter of hours, a fire wrought terrible damage to Notre Dame, causing the iconic spire and roof to collapse, and destroying the stained-glass windows.

Officials say that the main structure, the two bell towers, and many precious artworks have been saved. But this has not stopped the outpouring of grief from across the globe.

Read more: Fire at Notre-Dame cathedral

Thousands of people gathered in the streets around the cathedral, observing the flames in silence. Some could be seen openly weeping. Social media exploded with posts about how the cathedral and the artworks it contained were valuable to people all over the world.

President Emmanuel Macron was joined by businessmen in pledging to fund its refurbishment, and €600m (£520m) was raised in just one day.

But this simply highlights how preventable this disaster was.

Notre Dame has long been due for refurbishment, and last underwent major repairs over 150 years ago, only when Victor Hugo’s novel The Hunchback of Notre Dame brought the decay of the cathedral to the public’s attention.

Hundreds of stones have been falling off it, prompting the decision to begin renovation work to ensure the integrity of the structure. The estimated costs were quoted at over €160m. The French government promised to cover €44m of this over 10 years, leaving a €116m black hole still to fill.

Leading figures at the cathedral had been canvassing potential American donors to make up the rest of the money, while the Catholic Church has come under pressure to contribute. But again, this shines a light on a funding model that is unsustainable.

Why does it take a tragedy of this scale to wake people up to the value of architecture and art? We should be proactive in preserving our iconic monuments, not reactive.

Macron recently led a debate on the key topics that he must address in France, and not a single question included culture or the arts. This problem is not unique to France – London councils have seen their cultural funding halved in recent years.

Contemporary research into funding finds that cities tend to focus on infrastructure and technology. A spokesperson from the urban consultancy Umbrellium recently said that “these two things make a city bearable, but they don’t make a city valuable”.

The culture of a city gives it a story and identity and is essential in determining its success. If Europe’s most visited monument can’t secure funding until it is set ablaze, how much more architecture and art is at risk?

Read more: Proceeds from Sotheby's wine sale to be donated to Notre Dame

In a society of speed, the Notre Dame fire has reminded us of the importance of history and culture. The emphasis is now on governments and businesses to find sustainable solutions to funding our cultural landmarks. And if not them, why not us?

The reactions across social media show how much people value culture. If every one of those Instagram posts from art lovers could be monetised, Notre Dame would have all the funding it needs.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Jobs and Money
  • News
  • Opinion

Categories

  • Business
  • Opinion
  • Personal Development

Related Topics

  • International

Trending Articles

  • Pensioners to hand over bank statements in government benefits crackdown

  • Jamie Carragher: HMRC petitions for Sky Sports star to be declared bankrupt

  • Brewdog founder James Watt hits out at ‘total silence’ over new venture

  • Jamie Vardy bags Bundesliga rights as he steps up streaming war with Neville and Lineker

  • Lloyds Bank and Halifax users unable to use app in latest outage

More from Morning Wire

  • Incoming FRC chair sits on board of construction group facing criminal probe

    Accountancy
    Blonde woman in a blue and black patterned jacket smiling in front of a window
  • London Stock Exchange boss: We should know which companies our pensions are backing

    Markets
    Julia Hoggett and Rachel Reeves with other women leaders at a financial event, discussing pension industry overhaul.
  • Citi chief’s cowed Trump comments reveal corporate America’s tightrope

    Banking
    Jane Fraser, Citi CEO, speaking at a podium with a microphone, wearing glasses and a purple top.
  • Citi boss fires warning at government over banking tax

    Banking
    Jane Fraser, Citi CEO, speaking at a podium with a microphone, wearing glasses and a purple top.
  • Thames Water creditors eye board shake-up if takeover plan succeeds

    Water
    Thames Water infrastructure with pipes and maintenance workers, highlighting water management efforts in London
  • Burnham shelves Thames Water administration plans over costs

    Politics
    Thames Water infrastructure with pipes and maintenance workers, highlighting water management efforts in London
  • Beyond your 9-5: things to explore in the Square Mile 

    Partner
    Three friends enjoying drinks on a rooftop bar with St Pauls Cathedral dome in the background.
  • JP Morgan boss issues bank tax warning to John Healey

    Banking
    JPMorgan Chase CEO Jamie Dimon
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook