'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

'Even Republicans want a planet to live on': US comedians join campaign to raise awareness of climate crisis

'Even Republicans want a planet to live on': US comedians join campaign to raise awareness of climate crisis

Comedian David Cross launches US version of successful UK campaign to harness comedy to communicate climate science

clock 03 June 2025 • 3 min read
Global Briefing: Major emitters can be held liable for climate risks, German court rules

Global Briefing: Major emitters can be held liable for climate risks, German court rules

Ruling makes legal history by confirming major emitters can be held liable for their share of emissions, while China ramps up overseas renewables investment and EU ratifies High Seas Treaty

BusinessGreen staff
clock 30 May 2025 • 9 min read
Environment Agency declares drought in North West England

Environment Agency declares drought in North West England

Agency warns hosepipe bans could follow driest spring on record, as campaigners lament 'latest in a line of hard blows for farmers and nature'

James Murray
clock 30 May 2025 • 3 min read