Natural catastrophes caused about $62 billion of insured losses in the first half of 2024 — roughly 70% above the 10-year average — as extreme wildfires, droughts and floods upend historical norms. The data, which were compiled by Munich Re, …
Worsening droughts, storms and torrential rain in some of the world’s largest economies could cause $5.6 trillion in losses to the global economy by 2050, according to a report released on Monday. This year heavy rains have triggered floods that …
FRANKFURT —A sudden jump in carbon prices coupled with floods and droughts this year would lead to losses of at least 70 billion euros ($71.1 billion) for the euro zone’s largest banks, the European Central Bank said on Friday. The …
LONDON —Indonesia’s peatlands, California’s forests, and, now, vast swathes of Argentine wetland have all been ravaged by extreme wildfires, heralding a fiery future and the dire need to prevent it. With climate change triggering droughts and farmers clearing forests, the …
Insurance payments to U.S. farmers for crops lost to droughts and flooding have risen more than threefold over the past 25 years, according to an analysis of federal data by the Environmental Working Group (EWG) released on Thursday. The report …
Extreme heat waves that previously only struck once every 50 years are now expected to happen once per decade because of global warming, while downpours and droughts have also become more frequent, a UN climate science report said on Monday. …
As the world staggers through another summer of extreme weather, experts are noticing something different: 2021’s onslaught is hitting harder and in places that have been spared global warming’s wrath in the past. Wealthy countries such as the United States, …
WASHINGTON (AP) — After a gap of more than four years, the Environmental Protection Agency is relaunching a website highlighting evidence of climate change in the United States, including rising temperatures, increased ocean acidity, sea level rise, river flooding, droughts, …
The state is warning that Eastern Washington faces a run of dust storms and wildfires in coming months, thanks to a looming drought. The Department of Ecology says the same conditions that set the stage for a drought – above-average …