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This year’s meteorological disaster has cost the world more than $ 170 billion

British aid groups have discovered that the most costly disaster was Hurricane Ida, which cost about $ 65 billion, followed by fatal floods in Germany and Belgium.

In 2020, the 10 most costly weather disasters in the world caused $ 150 billion in damage, an increase of 13% this year. (Manuelalana / AFP)

The 10 most expensive meteorological disasters of the year have caused more than $ 170 billion (€ 150 billion) in damage, $ 20 billion more than in 2020.

British charity Christian Aid said on Monday that the uptrend reflected the effects of anthropogenic climate change, adding that the 10 disasters in question also killed at least 1,075 people and evacuated 1.3 million people.

The most costly disaster in 2021 was Hurricane Ida, which struck the eastern United States, causing damage of approximately $ 65 billion. After the crash in Louisiana at the end of August, it headed north, causing massive floods in and around New York City.

The spectacular and deadly floods in Germany and Belgium in July were next to the list with a loss of $ 43 billion.

Texas cold waves and winter storms that robbed the vast state power network cost $ 23 billion, followed by a flood in Henan, China in July, costing an estimated $ 17.6 billion. ..

Other disasters that cost billions of dollars have damaged vineyards due to floods in Canada and a freeze in late spring in France, resulting in cyclones in India and Bangladesh in May.

read more: The world needs $ 5 trillion by 2030 to fight the climate crisis

Report shortcomings

The report acknowledges that its assessment is primarily aimed at disasters in developed countries where infrastructure insurance is strengthened, and the economic sacrifice of disasters in poor countries is often immeasurable.

It gave an example of South Sudan where floods affected about 800,000 people.

“Some of the most devastating extreme weather events in 2021 have hit poor countries that have contributed little to causing climate change,” the report’s press release said.

Every year, Christian Aid calculates the cost of meteorological accidents such as floods, fires and heat waves based on insurance claims and reports the results.

In 2020, the 10 most costly weather disasters in the world caused $ 150 billion in damage, an increase of 13% this year.

In mid-December, Swiss Re, the world’s largest reinsurance company, estimated that natural disasters and extreme weather events caused about $ 250 billion in damage this year.

The total has increased by 24% compared to last year, and the cost of the insurance industry alone is the fourth highest since 1970.

read more: Climate change and world security: what’s at stake?

Source: AFP

https://www.trtworld.com/life/weather-disasters-cost-world-more-than-170b-this-year-53043?utm_source=other&utm_medium=rss This year’s meteorological disaster has cost the world more than $ 170 billion

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