<a href=/climate-inflation-resources/rising-frequency-and-costs-of-billion-dollar-natural-disasters-across-usa>Over the decades, the frequency of billion-dollar natural disasters has surged dramatically. </a>

<a href=/climate-inflation-resources/recorded-natural-disaster-events-1900-2022>Climate inflation, a long-standing economic phenomenon, is intensifying as a result of escalating natural disasters and the vulnerability of economies. This global issue carries a substantial economic burden, with weather-related catastrophes causing a staggering $268 billion in damages in 2020 and $329 billion in 2021.</a>