SimpleImages/Getty Images(NEW YORK) — The climate crisis is not a distant threat; it’s happening right now and affecting what matters most to us. Hurricanes intensified by a warming planet and drought-fueled wildfires are destroying our communities. Rising seas and flooding are swallowing our homes. And record-breaking heat waves are reshaping our way of life.The good news is we know how to turn the tide and avoid the worst possible outcomes. However, understanding what needs to be done can be confusing due to a constant stream of climate updates, scientific findings, and critical decisions that are shaping our future.
That’s why the ABC News Climate and Weather Unit is cutting through the noise by curating what you need to know to keep the people and places you care about safe. We are dedicated to providing clarity amid the chaos, giving you the facts and insights necessary to navigate the climate realities of today — and tomorrow.2024 natural disasters cost the world $320 billion in damagesWhile its impact varies from disaster to disaster, extensive research has found that changes in our climate are making extreme weather events like heat waves, hurricanes, flooding and wildfires worse. Now, a new analysis shows us just how costly these natural disasters were in 2024.Munich Re, a reinsurance company, found that natural disasters in 2024 caused $320 billion worth of financial losses worldwide. That’s $52 billion more than in 2023. And of those losses, the company says less than half were covered by insurance.According to the company, weather catastrophes were responsible for almost all of the financial loss. They say 93% of overall losses and 97% of insured losses were caused by severe weather like floods, wildfires, thunderstorms and tropical cyclones. Hurricanes Helene and Milton took the top spot for the most destructive disasters of 2024.Munich Re says 2024 was also the third-most expensive year in terms of insured losses and the fifth-most costly for overall costs since 1980.”The physics are clear: the higher the temperature, the more water vapour and therefore energy is released into the atmosphere. Our planet’s weather machine is shifting to a higher gear. Everyone pays the price for worsening weather extremes, but especially the people in countries with little insurance protection or publicly funded support to help with recovery,” said Munich Re’s chief climate scientist, Tobias Grimm, in a statement.-ABC News climate unit’s Matthew GlasserClimate change amplified dryness, but LA fires still extreme without it: UCLA analysisIn a new quick-turn analysis, UCLA climate scientists found that climate change could be responsible for roughly a quarter of the extreme vegetation dryness present when the Palisades and Eaton fires began. But they say the fires would still have been extreme even without that moisture deficit.”We believe that the fires would still have been extreme without the climate change components noted above, but wou