Report: Climate disasters cause global economic losses to soar – UN

This article discusses how climate disasters are causing global economic losses to soar – UN. In the past 20 years, 77 percent of disaster losses were caused by extreme weather – and climate change is making things worse.

Economic losses caused by climate-related disasters have soared by about two and a half times in the last 20 years, the United Nations said on Wednesday.

From 1998 to 2017, direct losses from all disasters totalled $2.9 trillion, of which 77 percent was due to extreme weather that is intensifying as the world warms, the U.N. Office for Disaster Risk Reduction (UNISDR) said in a report.

 

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