Global Cooperation

This is the economic cost of extreme weather

Davos 2023 ; Extreme weather events like snowstorms and other disasters have huge human and economic costs — and those costs are growing.

Extreme weather events like snowstorms and other disasters have huge human and economic costs — and those costs are growing. Image: REUTERS/Lindsay DeDario

Jessica Whitt
US Head of ESG Research, Barclays
Scott Gordon
ESG Research Analyst, Barclays
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Extreme weather events are becoming more costly and more frequent.
Extreme weather events are becoming more costly and more frequent. Image: World Meteorological Organization

How we tackle climate change now will have a significant impact on the severity and frequency of extreme weather events for decades.
How we tackle climate change now will have a significant impact on the severity and frequency of extreme weather events for decades. Image: Intergovernmental Panel on Climate Change

Extreme weather events have a variety of harmful macroeconomic impacts.
Extreme weather events have a variety of harmful macroeconomic impacts. Image: Federal Reserve Board of San Francisco
Extreme weather events often have far-reaching and hard to predict outcomes.
Extreme weather events often have far-reaching and hard to predict outcomes. Image: OECD

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Related topics:
Global CooperationDavos 2023Climate Change
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