Accelerating resiliency planning in communities across the Commonwealth

Search

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

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.

Read More

Become a Member
Become a Sponsor
Become a Volunteer

Sign Up for E-News

Get news and notifications from Resilient Virginia.

The Resilience Calendar

  • Prepared for Anything: The Role of Business Continuity in Organizational Resilience
    Date: January 21, 2025
    Location: Virtual

    Business Continuity professionals help companies plan for everything from cyberattacks to supply chain disruptions to natural disasters. In the private sector, they fill a role loosely analogous to public sector emergency managers. In this…

  • EPA National Environmental Justice Engagement Call
    Date: January 21, 2025
    Location: Virtual

    EPA invites EJ advocates to participate in its National EJ Community Engagement calls. The purpose of these calls is to inform communities about EPA's environmental justice work and enhance opportunities to maintain an open…

  • Artful Planning: Creative Approaches to Hazard Mitigation
    Date: January 22, 2025
    Location: Virtual

    This is a FEMA Region 3 Coffee Break Webinar

    Learn more and register More details...

  • New SE CASC Project Lightning Talks
    Date: January 22, 2025
    Location: Virtual

    Join the SE CASC for their first science seminar of 2025! This seminar will feature six newly funded projects, hosted by the project's PI and management partner(s). 

    Learn more and register

Latest News & Resources

Climate Change and Displacement in U.S. Communities

EcoAdapt conducted a survey with the Strong, Prosperous, and Resilient Communities Challenge to determine if and how people working to address displacement pressures are considering the effects of climate change. This survey is part of a broader project in collaboration with the Urban Displacement Project to better understand the intersections between climate change and displacement pressures.

Read More »

Equitable Adaptation Legal & Policy Toolkit

The Georgetown Climate Center maintains the Equitable Adaptation Legal & Policy Toolkit, which highlights best and emerging practice examples of how cities are addressing disproportionate socioeconomic risk to climate impacts and engaging overburdened communities.

Read More »