12 Oct 2023

Analysis published in the journal Nature Communications shows at least $2.8tn in damage from 2000 to 2019 through worsened storms, floods and heatwaves The damage caused by the climate crisis through extreme weather has cost $16m (£13m) an hour for the past 20 years, according to a new estimate. Storms, floods, heatwaves and droughts have […]

07 Sep 2021

From Water Briefing The number of disasters has increased by a factor of five over the 50-year period, driven by climate change, more extreme weather and improved reporting. However, thanks to improved early warnings and disaster management, the number of deaths decreased almost three-fold. Extreme weather events cause US$ 3.64 trillion in economic losses. According […]

26 Jan 2017

EU European Environment Agency report argues more flexible climate adaptation strategies and policies are urgently needed Climate change-related extreme weather events accounted for almost €400bn of economic losses across 33 European countries over the past several decades and were responsible for more than 140 million deaths, a new EU agency report today reveals. The impacts of these […]

14 Dec 2016

Climate change threatens ability of insurers to manage risk      Extreme weather is driving up uninsured losses and insurers must use investments to fund global warming resilience, says study  ClimateWise, a global network of 29 insurance industry organisations which is convened by the University of Cambridge Institute for Sustainability Leadership, has warned of the urgent need […]