Report: World hit by $41bn of extreme weather damage this year

Michael Holder
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Yet Christian Aid report also warns insured climate damages figure is highly likely to be a significant underestimate

Extreme weather has caused over $41bn-worth of damages and killed thousands of people worldwide in just the six months since nations agreed to redouble their efforts to combat climate change at the COP28...

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

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

Heathrow Airport insists controversial £49bn third runway plan aligns with 2050 net zero goal

'We are going in the wrong direction': Government faces calls to deliver 'bold' new circular economy strategy

More on Risk

Central banks urged to prepare for climate-driven labour market disruption
Risk

Central banks urged to prepare for climate-driven labour market disruption

LSE report warns banks need to act now ahead of anticipated worldwide workforce disruption, as soaring global temperatures threaten to make it too hot to work in many sectors

Amber Rolt
clock 23 July 2025 • 3 min read
Game, set and match: Why sport must serve sustainability
Risk

Game, set and match: Why sport must serve sustainability

The climate crisis is rewriting some of the rules of sport - but through foresight and collaboration, sport can also help write the next chapter in climate protection, writes EY's Dr Matthew Bell

Dr Matthew Bell, EY
clock 22 July 2025 • 5 min read
EVs and Clean Air Zones deliver major improvements in UK air quality
Risk

EVs and Clean Air Zones deliver major improvements in UK air quality

Research reveals main forms of air pollution have fallen by around a third over the past decade

James Murray
James Murray
clock 16 July 2025 • 3 min read