'Severe and costly': 2018 clocks in $160bn worth of extreme weather damages

Madeleine Cuff
clock • 2 min read

Annual natural disaster report from Munich Re rates 2018 as the fourth costliest year since 1980

From a calm start, 2018 descended into extreme weather chaos causing hundreds of billions of dollars in damages, according to the latest report on natural disasters from German reinsurer Munich Re...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Climate change

Earthshot Prize: 'Upcycled skyscraper' and nation of Barbados named among 2025 finalists

Earthshot Prize: 'Upcycled skyscraper' and nation of Barbados named among 2025 finalists

Environmental innovation prize launched by Prince William announces latest wave of finalists

Stuart Stone
clock 04 October 2025 • 3 min read
Shift towards plant-rich diet could more than halve global food system emissions

Shift towards plant-rich diet could more than halve global food system emissions

Reshaping food systems around plant-rich diets could prevent up to 15 million premature deaths a year while slashing global emissions, new study finds

Stuart Stone
clock 03 October 2025 • 6 min read
'Drought-flation' is driving the cost-of living crisis

'Drought-flation' is driving the cost-of living crisis

To secure affordable food, reduce economic shocks, and safeguard rural livelihoods, we need to start by improving the health of the earth beneath our feet, writes Praveena Sridhar from the Save Soil Movement

Praveena Sridhar, Save Soil Movement
clock 01 October 2025 • 4 min read