Climate change Financial losses due severe natural disasters 2021

Climate change Financial losses due to severe natural disasters in 2021

According to a recent report, in 2021, climate change financial losses (floods and storms) caused by climate change brought catastrophe to millions of people around the world.

A study published by the charity Christian Aid identified 10 serious incidents that resulted in a loss of more than 1.5 1.5 billion each.

Climate change: Financial losses due to severe natural disasters in 2021

The biggest financial loss came from Hurricane Ida, which hit the United States in August, followed by floods in Europe in July.

Floods and hurricanes in many poor areas have displaced large numbers of people and caused severe hardship.

Not all weather events are due to climate change, although scientists are now showing greater courage in finding a link between the two.

Leading researcher Dr. Frederick Otto wrote in a tweet earlier this year that every heat wave in the world has now become "more frequent and more intense" due to climate change caused by human activity.

As far as hurricanes and hurricanes are concerned, there is growing evidence that climate change is affecting these even.

In August, the Intergovernmental Panel on Climate Change (IPCC) published the first part of the Sixth Assessment Report.

In the report, the scientists said that they could say with more confidence about hurricanes and tropical cyclones that the evidence of human intervention was solid.

"The proportion of severe tropical cyclones, wind speeds in average high cyclones and wind speeds in severe cyclones is increasing with increasing global warming," the report said.

Hurricane Ida hit the United States just weeks after the report was published.

Hurricane Ida floods in New Jersey

According to Christian Aid, it was the worst financial hurricane to hit this year.

As a result, thousands of Louisiana residents have been forced to flee their homes.

The storm caused heavy rains in several states and cities, and for the first time, New York had to issue an emergency flood warning.

It killed 95 people and caused 65 billion in economic losses.

Financially, the second most damaging floods were in July in Germany, France and other European countries.

The embankments could not cope with the intensity and speed of the floodwaters, killing 240 people and causing an estimated 43 billion in financial losses.

The majority of these seasonal events occurred in developed countries, according to the list included in the study.

Extreme levels of flood danger were announced in Austria in August, with debris flowing into the train station

This is because the financial loss is easy to estimate from an insurance claim and most insurance is only available in rich countries where people can afford to insure their homes and businesses.

According to insurance company AAN, 2021 will be the fourth year in the last five years during which a total of more than 100 100 billion has been lost due to natural disasters worldwide.

The report also mentions some other incidents from which it is difficult to estimate the financial loss, but people have been badly affected.

Floods in South Sudan have displaced more than 800,000 people, while cyclones in India, Sri Lanka and the Maldives in May forced more than 200,000 people to evacuate.

The establishment of such a fund should be a global priority in 2022

"It's a huge impact on humans," said Dr. Kate Kramer, of Christian Aid and author of the report.

"Obviously, being deprived of a home and a job and having no means to rebuild your home is extremely frustrating. However, if you have insurance, you will be able to do some house building again.

The report calls for measures to reduce carbon dioxide emissions in order to reduce the impact of future natural disasters. It also called on global climate officials to take steps to offset the financial losses caused by natural disasters in poor countries.

During the COP 26 talks held in Glasgow, there were sharp differences between the countries on the issue of financial loss due to climate-related incidents. Poor countries were demanding cash, while rich countries wanted more discussion on the issue.

Floods in South Sudan have left thousands homeless

Nusrat Chaudhry, Justice Adviser for Christian Aid in Bangladesh, said: It is very disappointing that no fund has been set up to provide financial assistance to the people affected by the floods on a permanent basis.