Environment

Cost of climate-change fueled disasters reached $170 billion in 2021

by Daily Sabah

From deadly storms to destructive floods, climate change-fuelled disasters have cost the world more than $170 billion in 2021, with both the poor and the rich struck hard, a British aid group said Monday.

Floods, storms and drought also killed and displaced millions of people across some of the world’s poorest regions, highlighting the rising imbalance in impacts as the planet warms, humanitarian charity Christian Aid said in a report.

“The costs of climate change have been grave this year,” said Kat Kramer, climate policy lead at Christian Aid and author of “Counting the cost 2021: A year of climate breakdown.”

“While it was good to see some progress made at the (U.N.) COP26 summit, it is clear (we are) not on track to ensure a safe and prosperous world,” she added.

The report identified 15 of the most destructive climate disasters of the year, including 10 that each caused $1.5 billion or more in losses, with the damage wrought by wild weather felt everywhere from Australia to India, South Sudan and Canada.

Read the full story on Daily Sabah

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