Blog: Extreme Weather
Economic Effects of Climate Change Pose Threat to Americans Born in 2024
Scott Medintz explores a recent analysis commissioned by Consumer Reports and supported by Breakthrough Energy. Conducted by ICF, the study forecasts significant financial burdens for individuals born in 2024 if climate change mitigation efforts are not substantially strengthened.
Navigating Climate-Driven Risk: Impact on the Housing Market
Travis Hodges in ClaimsJournal highlights $92.9B in U.S. weather-related damages, urging a reevaluation of insurance risk and the role of brokers in providing tailored coverage.
Climate Change and Energy Costs Drive UK Food Prices Up, Study Finds
Extreme weather and rising energy costs have raised UK household food bills by £605since 2021, driven by a 60% surge in food costs. El Niño threatens 2024, worsening the crisis.
Global Economic Impacts: Climate Change's Reach from West Africa to India
Andre Mayer's CBC News piece shows climate change's impact on crops and supply chains. From cocoa in West Africa to olive oil in the Mediterranean, urgent measures are needed for resilience.
Climate change could turn up the heat on inflation, according to report
Study Warns of Climate-Induced Inflation Surge: Impact on Global Economy
The era of "climateflation" is here, study shows
Unveiling 'Climateflation': Study Reveals Global Economic Impacts of Climate Change
Rising Temperatures Forecast to Drive Inflation: Study Warns of Global Economic Impact
Study: Rising temperatures may boost food inflation by 3.2% and overall inflation by 1.18% yearly by 2035.
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.
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 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.
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.
Climate Change, Inflation, and the Ecological Transition: Understanding the Intricate Links for a Sustainable Future
Climate change drives up supply chain prices in Europe, impacting essential goods like food and energy.
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.
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.
Climate Change Impact: The Hidden Driver of Rising Prices
Climate Change: A Growing Economic Shock - Inflation, Supply Chain Disruptions & Increased Costs Worldwide
Rising Temperatures Drive Accelerating Inflation Worldwide, Warns European Central Bank Study
ECB research reveals global warming's impact on inflation, projecting a 1% annual surge and 3% food price increase by 2035.
Navigating the Impact: Climate Change and Home Insurance Affordability
Climate change drives structural damage, raising home insurance premiums for 90% of homeowners, particularly in disaster-prone areas.
Climate Change Challenges Traditional Home Insurance
Skyrocketing home insurance costs due to climate change pose challenges for homeowners, as premiums soar and coverage options dwindle, leaving many uncertain about protecting their homes in the face of future disasters.