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This year’s 10 worst climate disasters cost US$170 bil, up 13% from last year: NGO

Bloomberg12/27/2021 10:46 AM GMT+08  • 3 min read
This year’s 10 worst climate disasters cost US$170 bil, up 13% from last year: NGO
The report’s authors estimated damages based on insured losses, meaning the true costs of these disasters are likely higher.
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Ten of this year’s most destructive weather events cost a combined US$170 billion in damages, according to a new study.

Hurricane Ida, a tropical storm that pummeled much of the eastern US with lashing rain in August, killed at least 95 people and cost the economy US$65 billion. A month earlier, floods in Europe caused 240 deaths and an economic loss of US$43 billion, according to research published by UK charity Christian Aid.

Meanwhile, floods in China’s Henan province in July killed more than 300 and cost in excess of US$17 billion.

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