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Author(s): Jonathan Watts

2024’s most costly climate disasters killed 2,000 people and caused $229bn in damages, data shows

Source(s): Guardian, the (UK)
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The world’s 10 most costly climate disasters of 2024 caused $229bn in damages and killed 2,000 people, the latest annual analysis of insurance payouts has revealed.

[...]

For the first time since the ranking was first compiled in 2018, there were two storms in a single year responsible for more than $50bn of losses: the hurricanes Helene and Milton that battered the US in September and October.

Released at the end of what is almost certain to be another record-breaking year for global heat, the top 10 also included , which killed at least 829 people and wreaked $12.6bn of economic havoc; Storm Boris in Europe, which killed at least 26 and caused $5bn of losses; and the devastating floods in southern China, Bavaria, Valencia and Rio Grande do Sul in Brazil.

The rising financial impact of human-caused climate disruption was apparent in another first: all of the top 10 disasters racked up bills of more than $4bn.

[...]

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