Counting the cost of the climate crisis

Image Christian Aid

Source: Christian Aid

2024 was a year of climate extremes. From deadly floods in China and Brazil to devastating droughts in Zambia and record-breaking hurricanes in the Americas, the impacts of climate change have been impossible.

The ten most financially costly events all had an impact of more than $4 billion. Most of these estimates are based only on insured losses, meaning the true financial costs are likely to be even higher, while the human costs are often uncounted.

Christian Aid's latest report: 'Counting the cost 2024: a year of climate breakdown' reveals the shocking cost of the world's worst claimed disasters.

No part of the world was spared from crippling climate disasters in 2024. Europe accounted for three of the top 10 costliest disasters with Storm Boris in central Europe and floods in Spain and Germany costing a combined $13.87 billion and killing 258 people.

These extreme events highlight the need for more urgent action to reduce carbon emissions and accelerate the transition to renewable energy and underlines the importance of providing funding for vulnerable people.

Readthe report here: www.christianaid.org.uk/news/policy/costliest-climate-disasters-2024