Not exact matches
Events such as the 2003
heatwave, the 2010
heatwave / wildfire event, and the 2012 drought — to name just a few
of the most well - known — have
cost on the order
of 100,000 premature deaths and $ 100 billion in economic losses.
Natural disasters such as floods and
heatwaves occur almost daily across the world, double the frequency
of 20 years ago, says a United Nations report, Human
Cost of Weather Related Disasters.
From increasingly frequent and severe types
of extreme events that include
heatwaves, coastal flooding and heavier downpours, the
costs of climate change are becoming tangible throughout the country.
Heat
cost Australia nearly A$ 7 billion in 2014, which is bad news given climate forecasts
of hotter and more frequent
heatwaves.
Logically, it would be pointless to use these data to project the
costs of future
heatwaves, since there is scarce evidence
of any change.
Floods, bushfires and this year's scorching summer
heatwave have raised awareness
of the dangers
of climate change, but an «infantile» debate over the validity
of the science has
cost Australia precious time, according to a key Climate Commission expert.
Meanwhile, a flood
of new research has convincingly connected a rise in extreme weather events, especially droughts and
heatwaves, to global climate change, and a recent report by the DARA Group and Climate Vulnerability Forum finds that climate change contributes to around 400,000 deaths a year and
costs the world 1.6 percent
of its GDP, or $ 1.2 trillion.