Extreme Weather Risk Is Reshaping the Global Economy to the Tune of Nearly US$1 Trillion in Projected Losses
CDP analysis of 11,261 companies finds $3 billion in actual 2025 extreme-weather losses, with $898 billion in anticipated future financial impacts — led by flooding at $528 billion.
Extreme weather risk set to cause massive losses
Summary of CDP's Disconnected Defenses report showing only 35% of large firms identify extreme weather as a material financial risk despite $3B in disclosed 2025 losses and $898B in projected future costs.
Saving Supply Chains From Climate Shocks Is a Lure for Investors
Climate disruptions at ports put $81 billion in global trade at risk annually; a 100-hour shipping delay can increase U.S. consumer inflation by 0.5%, with record April temperatures compounding the risk.
Public Natural Catastrophe Reinsurance: What Other Countries Do
Brookings companion paper reviews how France, Japan, Spain, and others use public reinsurance to keep climate-risk insurance affordable, presenting models for proposed U.S. federal intervention in a market where premiums have risen 28% since 2017.es.
Alfred Anniversary Sharpens Insurer Focus on Cyclone Risk and Costs
On the one-year anniversary of Cyclone Alfred's landfall, Insurance Council of Australia reports A$1.5B in insured losses and A$2.7B in total economic costs, part of A$28B in cumulative weather event losses since 2022.
PERILS Pegs Cyclone Alfred Losses Close to $2 Billion
PERILS AG releases final catastrophe loss estimate for Cyclone Alfred at near A$2B insured — Australia's largest cyclone loss since Cyclone Debbie in 2017 — flagging rainfall-driven flooding rather than wind as the primary cost driver.
Opinion: Forget the billions. How much will climate change really cost your family?
More than half of U.S. adults say they have incurred costs due to an extreme weather event over the past 10 years
Natural Disasters Led to $250 Billion in Global Losses Last Year
Extreme storms and other natural disasters cost the world about $250 billion of losses last year, with less than half that amount actually covered by insurers.
Every American is losing money due to extreme weather. Here’s how.
Extreme weather is impacting our finances in unexpected ways.
Climate change risk to price stability: Higher average temperatures increase inflation
Rising temperatures could drive food inflation up by 3.2 percentage points by 2035, according to a new study by Potsdam Institute for Climate Impact Research (PIK) and the ECB
Rethinking inflation in times of environmental instability
David Barmes and Simon Dikau explain why intensifying environmental shocks and geopolitical tensions could drive a rethink of inflation forecasting and economic policymaking.