Featured image of post Climate change disasters cost the world over $100 billion this year

Climate change disasters cost the world over $100 billion this year

The people affected by expensive climate disasters are often among the most vulnerable—and are asking wealthy nations to pay up.

The people affected by expensive climate disasters are often among the most vulnerable—and are asking wealthy nations to pay up.

Summary

  • This past year saw an inundation of climate disasters worldwide.
  • Out of the 15 climate-related disasters described in the study, ten have cost more than a billion dollars worth of damages.
  • This will be the sixth year out of the last ten that have cost over $100 billion due to global natural catastrophes.
  • The report reflects a 13 percent increase in the price pinned to the most damaging climate disasters.
  • “If we’re throwing billions away to mop [after the climate disasters], why aren’t we spending those billions instead to try and avoid all of this happening anyway?” she says.