Blog: Extreme Weather
U.S. Announces Major Overhaul of Disaster Relief in Response to Climate Emergencies
The Biden administration's FEMA reforms, effective March 22, 2024, streamline disaster relief with a $750 payment for shelter and new "displacement assistance," enhancing response to climate events.
UN cites conflicts, climate disasters in somber 2024 global economic forecast
UN's Economic Outlook: Addressing Climate-Related Challenges
Extreme Weather Challenges Major Theme Parks
This summer, extreme weather events have taken a toll on some of North America's most renowned attractions.
Florida's Home Insurance Crisis: Threatening Homes and Dreams
Average annual property insurance premiums in Florida surged to over $4,200 in 2022, three times the national average. For many homeowners these premiums are becoming unmanageable, forcing them to consider relocating.
China's Climate Crisis: Grappling with Extreme Weather and Urgent Consequences
China is grappling with the dual threats of extreme heat and devastating floods this summer, and the consequences of these climate-related events are reaching far beyond the affected regions.
Climate Change Impact: Soaring Home Insurance Costs Nationwide
The average cost of homeowners' insurance has surged to $1,900 a year nationwide, driven by climate risk, prompting insurers to reassess pricing models and leading to a 12 percent increase in premiums in 2022, with further rises anticipated.
Climate Action: A Shield Against Rising Inflation and Global Impact
Climate action is a compelling solution to the global inflation challenge, highlighting the critical link between climate change and rising prices worldwide, emphasizing the need for a transition to renewable energy.
Brazil's Crucial Crossroads: Extreme Weather, Economic Losses, and Political Choices
Brazil's election outcome will shape its response to intensified extreme weather events and economic losses of $64 billion between 2013 and 2022.
Climate Change Drives Price Hikes in Tampons and Diapers
Climate change's impacts on inflation and essential goods are evident as the collapse of upland cotton crops in Texas drives price spikes for products like tampons, cloth diapers, and gauze pads in the US, making climate change a "secret driver of inflation" with potential global repercussions.
Deadly Floods Devastate Farms in Pakistan, Imperiling Food Security
Amidst relentless rains and deadly floods, Pakistan faces a severe food security crisis, with vast farmlands submerged, crops destroyed, and livelihoods devastated.
Climate Change and Rising Expenses in Hurricane-Prone Florida
Climate change intensifies hurricanes and flooding in Florida, leading to soaring property insurance rates, high reinsurance costs for local insurers, increased reliance on state-backed coverage, the need for separate flood protection policies, and rising car insurance costs due to weather-related accidents.
La Nina: The $1 Trillion Weather Menace
Amidst a surge in extreme weather events driven by La Nina and amplified by climate change, the world faces a $1 trillion weather disaster problem, straining the global economy and exacerbating inflationary pressures.
Crisis in Ukraine: Impact on Food Prices and Inflation in the EU
Amidst Russia's invasion of Ukraine, the EU faces climate-driven challenges, including winter droughts and rising food prices, impacting agricultural sectors and exacerbating inflation.
CEOs Brace for Climatic Impact: Rising Costs in 2023 Blamed on Climate Change
CEOs foresee climate change intensifying high prices in 2023; PwC survey reveals growing concern among 4,400 global leaders.
Climate Change and Inflation: The Economic Impacts Unveiled
Experts, CEOs, and economists recognize the link between climate change and inflation as extreme weather events disrupt supplies, leading to surging prices in consumer items worldwide.
Climate-Driven Floods Spark 44.5% Inflation in Pakistan, Pushing Prices to Record Highs
Climate-driven floods in Pakistan lead to a staggering 44.58% increase in consumer item prices, exacerbating inflation, and causing widespread supply disruptions. The floods claim lives, submerge areas, and leave millions affected, underscoring the connection between extreme weather and climate change impacts.
Cities Hire Chief Heat Officers to Tackle Climate Change Impacts
Chief Heat Officers tackle climate's unequal impact: Rising temperatures, heat-related deaths, and 'heat islands' in lower-income neighborhoods hit hardest.
Humid Heatwaves in South Asia: Economic Impact and Human Toll
April 2023's Humid Heatwaves in South Asia: Alarming Economic Consequences and Urgent Adaptation Demands.
Urgent Action Needed: Devastating Drought Plagues the Horn of Africa
Economic and social consequences of the Horn of Africa drought and potential adaptation strategies are urgently needed amidst widespread food insecurity and climate change impacts.
Climate Change Impact: The Hidden Driver of Rising Prices
Climate Change: A Growing Economic Shock - Inflation, Supply Chain Disruptions & Increased Costs Worldwide