Billion Dollar Losses, Trillion Dollar Threats: The Cost of Climate Change

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Billion Dollar Losses, Trillion Dollar Threats: The Cost of Climate Change

Home » Economic Activities » Business Case for Resiliency » Billion Dollar Losses, Trillion Dollar Threats: The Cost of Climate Change

Since 1980, billion-dollar weather and climate disasters (hurricanes, severe storms, drought, flooding, wildfire, winter storms, and freezing) have led to $2.2 trillion in losses. Between 2017 and 2021, annual losses from billion-dollar disasters totaled $765 billion in losses and more than 4500 deaths. This is almost 8 times higher than in the 1980s. Not only are the events increasing in both occurrence and intensity, they are disproportionately impacting our communities. This report, prepared by PSE Health Energy for E2, aims to summarize the scale of weather and climate damage across the United States, the risk of escalating costs in a warming climate, and the need to invest in both climate mitigation and adaptation.

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The Resilience Calendar

  • Designing Adequate Public Facilities Ordinances (APFOs) for Sustainable Growth
    Date: December 15, 2025
    Location: Virtual

    The Maryland Department of Planning is presenting a webinar, “Designing Adequate Public Facilities Ordinances (APFOs) for Sustainable Growth”. APFOs ensure that infrastructure and community facilities can keep pace with growth, but if not designed…

  • Managing Forests as Habitat in a Changing World
    Date: December 16, 2025
    Location: Virtual

    This 12-part monthly webinar series will feature interactive panel discussions that explore shifting impacts on forest habitats and adaptation options for natural resources management. Panels will represent a diversity of scientists and natural resource…

  • Accelerating Climate Progress with AI: From Science to Action Workshop
    Date: January 13, 2026
    Location: Virtual

    The National Academies is organizing a workshop to explore innovative ways AI can enhance climate science and support decision-making for resilience and mitigation. The workshop will identify critical applications where AI can inform climate…

  • RVCA Agriculture Working Group
    Date: January 22, 2026
    Location: Virtual

    Resilient Virginia Collaborative Alliance Agriculture Working Group monthly meeting. Anyone is welcome to join the conversation!

    RVCA Agriculture Working Group
    Thursday, October 23 · 11:00am – 12:00pm
    Time zone: America/New_York

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