Source: The New Indian Express
News: An International Report titled “Counting the cost 2020: A year of climate breakdown” has been released by Christian aid, a relief and humanitarian agency based in London.
- The report listed 15 most destructive climate disasters of 2020 that cumulatively had an expenditure tag of around $150 billion calculated only on insured losses.
Key Takeaways from the report:
Source: New Indian Express
- Cyclone Amphan which affected countries in the Bay of Bengal and caused maximum damage within coastal districts of West Bengal of India displaced 4.9 million people accounting for the biggest displacement due to an extreme weather event anywhere in the world in 2020.
- Economic Impact: The economic impact of the Cyclone Amphan was fourth in global climate related disaster list following the United States and Caribbean hurricanes, China floods and the United States fires on the west coast.
- Floods in India: The floods in India were the fifth most expensive extreme weather event in the world costing the country $10 billion.
- More importantly, as many as 2,067 lives were lost during the June-October floods, the highest number of fatalities due to climate change-induced weather events this year.