Extreme Weather Costs and the Urgent Need for Climate Action

Summary:
A report by UK-based NGO Christian Aid highlights that extreme weather events, exacerbated by climate change, have caused over USD 41 billion in damages globally since the COP28 climate talks in Dubai last December. These events have resulted in over 2,500 deaths in the past six months. The report criticizes the insufficient progress made in reducing fossil fuel use and supporting lower-income countries in dealing with climate disasters. It urges wealthy nations to take greater responsibility by increasing funding to the Loss and Damage Fund and addressing the disproportionate impacts of climate change on poorer communities. The report cites specific instances of climate change-driven disasters, including deadly floods and heatwaves in various regions, and emphasizes the need for substantial cuts in greenhouse gas emissions to meet international climate goals. The upcoming COP29 conference in Baku is expected to focus on a new climate finance goal, aiming to enhance support for developing nations.