A British aid group on Monday said that the ten most expensive weather disasters this year caused more than $170 billion (150 billion euros) in damage, $20 billion more than in 2020.
AFP reported that each year, UK charity Christian Aid calculates the cost of weather incidents like flooding, fires, and heat waves according to insurance claims and reports the results.
In 2020, it found the world’s ten costliest weather disasters caused $150 billion in damage, making this year’s total an increase of 13 percent.
According to Christian Aid, the upward trend reflects the effects of man-made climate change and added that the ten disasters in question also killed at least 1,075 people and displaced 1.3 million.
Hurricane Ida turned out to be the most expensive disaster in 2021, which lashed the eastern United States and caused around $65 billion in damages.
After crashing into Louisiana at the end of August, it made its way northward and caused extensive flooding in New York City and the surrounding area.
Spectacular and deadly flooding in Germany and Belgium in July was next on the list at $43 billion in losses.
The report further stated that a cold snap and winter storm in Texas that took out the vast state’s power grid cost $23 billion, followed by flooding in China’s Henan province in July that cost an estimated $17.6 billion.
Other disasters costing several billion dollars include flooding in Canada, a late spring freeze in France that damaged vineyards, and a cyclone in India and Bangladesh in May.
In mid-December, the world’s biggest reinsurer, Swiss Re, estimated natural catastrophes and extreme weather events caused around $250 billion in damage this year.
It said the total represented a 24 percent increase over last year and that the cost to the insurance industry alone was the fourth highest since 1970.