2024 Climate Disasters Exceed $200 Billion in Damages, Warns Christian Aid
In 2024, climate disasters caused over 200 billion US dollars in damages, with Hurricane Milton leading the losses. Christian Aid’s report calls for urgent action against climate change and greater support for low-income countries. The impacts of these disasters are exacerbated by climate change, leading to increased severity and frequency of extreme weather events, as illustrated by the report’s findings.
In 2024, climate disasters inflicted over 200 billion US dollars in damages, according to a report by Christian Aid. The charity highlighted that the top ten disasters each caused losses exceeding 4 billion US dollars, primarily based on insured losses, indicating that actual costs may be even higher. The report emphasizes the urgency of addressing climate change and calls for increased financing for vulnerable nations. Joanna Haigh, a climate expert, criticized politicians who minimize the severity of climate issues, warning of the extensive global suffering that ensues.
The report identified Hurricane Milton as the most financially devastating event, with damages totaling 60 billion US dollars. It was accompanied closely by Hurricane Helene, which caused 55 billion US dollars in damage. The United States experienced numerous costly storms, with other weather events resulting in over 60 billion US dollars in damages nationwide. Notably, Europe appeared prominently in the report, with significant flooding events inflicting severe consequences.
Across the globe, extreme weather resulted in tragic losses, including floods in China that killed 315 people and Typhoon Yagi causing over 800 casualties. Despite some disasters not ranking among the costliest, they nevertheless had a significant human toll, as demonstrated by Cyclone Chido, which may have claimed over 1,000 lives. Humanitarian crises exacerbated by climate events continue to challenge nations, as evidenced by events affecting millions in Bangladesh and West Africa.
Christian Aid’s chief executive, Patrick Watt, remarked on the non-natural basis of the increasing severity of climate events, attributing them to ongoing fossil fuel use and unmet financial commitments. Dr. Mariam Zachariah from Imperial College London emphasized the growing frequency and intensity of climate disasters, highlighting their impact on global communities. In reflection, experts call for urgent leadership and investment in clean energy to mitigate future climate risks, advocating for proactive measures in combatting climate change.
The increasing frequency and intensity of climate-related disasters have raised global concerns regarding the impact of climate change. Reports indicate substantial financial losses incurred due to severe weather events such as hurricanes, floods, and storms, particularly in developed nations where property values are high. However, many catastrophic events affect poorer nations disproportionately, amplifying the need for international support and climate finance for vulnerable populations. As climate change continues to exacerbate extreme weather patterns, experts agree on the necessity for immediate and decisive action to reduce greenhouse gas emissions and transition to sustainable practices.
The summary of 2024’s climate disasters reveals a pressing need for global action against climate change, as evidenced by the staggering economic impact exceeding 200 billion US dollars. While affluent countries bear significant financial losses, poorer regions experience devastating humanitarian crises that require urgent international support. Experts assert that the link between extreme weather and climate change must not be overlooked and that immediate steps must be taken to achieve sustainable development and environmental resilience.
Original Source: www.irishnews.com
