Climate Breakdown: 2025 Disasters Exceed $120 Billion
New 2025 climate report shows heatwaves and storms cost $120 billion globally. Explore the economic impact of wildfires, floods, and the role of fossil fuels.
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NEW DELHI- The year 2025 has officially become one of the most expensive years for climate-driven catastrophes. According to Christian Aid, heatwaves and storms have drained over $120 billion from the global economy, with insured losses capturing only a fraction of the true toll.
Experts at Imperial College London describe these events as a "predictable result" of fossil fuel expansion. As the world looks toward COP31, the report serves as a stark warning that climate inaction is no longer just an environmental threat, but a global financial crisis.
