Extreme Weather Kills Millions, Costs Trillions As Climate Change Accelerates
- Extreme weather events have caused 2 million deaths and $4.3 trillion in economic losses over the past 50 years according to a UN report.
- While early warning systems have decreased deaths, economic losses are rising due to climate change and disasters disproportionately impact developing countries.
- The US has suffered the largest economic losses at $1.7 trillion while developing countries experienced 90% of deaths.
- Tropical cyclones were the leading cause of fatalities and financial damage.
- The UN is urging countries to improve alert systems to curb casualties and costs from extreme weather by 2027.