Weather disasters cost $ 20 billion more than last year – NGO


France Media Agency

December 27, 2021 | 8:48 am

PARIS, France – This year’s ten costliest weather disasters caused more than $ 170 billion (150 billion euros) in damage, up 20 billion from 2020, a British aid organization said on Monday.

Each year, the British charity Christian Aid calculates the cost of weather incidents such as floods, fires and heat waves based on insurance claims and reports the results.

In 2020, he found that the ten costliest weather disasters in the world caused $ 150 billion in damage, bringing this year’s total to a 13% increase.

Christian Aid said the upward trend reflects the effects of man-made climate change and added that the ten disasters in question have also killed at least 1,075 people and displaced 1.3 million people.

The costliest disaster in 2021 was Hurricane Ida, which hit the eastern United States and caused approximately $ 65 billion in damage. After crashing into Louisiana at the end of August, it headed north and caused extensive flooding in and around New York City.

Spectacular and deadly floods in Germany and Belgium in July were next on the list with $ 43 billion in losses.

A cold snap and winter storm in Texas that destroyed the vast state’s power grid cost $ 23 billion, followed by flooding in China’s Henan Province in July that cost an estimated $ 17.6 billion.

Other multi-billion dollar disasters include flooding in Canada, a late spring frost in France that damaged vineyards and a cyclone in India and Bangladesh in May.

The report recognizes that its assessment mainly covers disasters in rich countries where infrastructure is better provided and that the toll of disasters in poor countries is often incalculable.

He gave the example of South Sudan where flooding affected around 800,000 people.

“Some of the most devastating extreme weather events of 2021 have hit the poorest countries, which have contributed little to climate change,” the report’s press release notes.

In mid-December, the world’s largest reinsurer, Swiss Re, estimated that natural disasters and extreme weather events had caused around $ 250 billion in damage this year.

He said the total was a 24% increase from last year and the cost to the insurance industry alone was the fourth highest since 1970.