Days Until Our
2023 Conference!

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

  • Effect of the Energy Transition on Water Resources: Water Science and Technology Board Spring 2024 Meeting
    Date: April 29, 2024
    Location:

    Water, energy, and carbon are closely interconnected, and achieving an equitable and sustainable transition requires integrated multidisciplinary approaches and strategies that consider their interlinks and feedback loops, while also foreseeing and mitigating unintended environmental…

  • A New Era of Federal Procurement: Managing Climate Risks and Promoting Sustainable Supply Chains
    Date: April 29, 2024
    Location:

    Two proposed Federal Acquisition Regulation (FAR) amendments, expected to be finalized in 2024, will take giant steps toward making federal supply chains less vulnerable to climate-related risks and more effective in delivering on national security…

  • Ecological Forestry in the Context of Climate Change
    Date: April 30, 2024
    Location:

    This 12-part monthly webinar series tells a story about how small- and large-scale forest disturbance, such as fire, wind, ice storms, hurricanes, sea-level rise, flooding, introduced and endemic forest pests, and others, impact forest…

  • Water Quality Monitoring and Protection
    Date: April 30, 2024
    Location:

    The Virginia Department of Environmental Quality (DEQ) is responsible for monitoring, protecting, and improving the quality of the water in the Commonwealth. This webinar will teach you the basics of clean water laws and…

Latest News & Resources

5th National Climate Assessment

The Fifth National Climate Assessment is the US Government’s preeminent report on climate change impacts, risks, and responses. It is a congressionally mandated interagency effort that provides the scientific foundation to support informed decision-making across the United States.

Read More »