Disasters cost $260 billion in 2022 as per a new report.
According to Swiss reinsurance company Swiss Re Institute, natural catastrophes cost the world $260 billion in losses in 2022. These disasters were deadly, too; thousands of lives were lost in floods, earthquakes, storms, and droughts. Climate change is accelerating humanitarian crises. A study pegs the number at 339.2 million—that’s how many people are in humanitarian need, but there’s a deficit of $27 billion in global financing to help them recover and rebuild.
Climate change was a big topic of discussion in 2022, and it will continue to be part of our reality. So while there’s a rewind tape of the year running right now, we’re looking at some of the worst disasters of 2022 that devastated lives and property.
Related: Terrifying Proof of Climate Change From Every Corner of the World