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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

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

  • Implications of Artificial Intelligence-Related Data Center Electricity Use and Emissions: A Workshop
    Date: November 12, 2024
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    Join the National Academies for a workshop on NOVEMBER 12-13, 2024 to explore how to map, measure, and mitigate the impacts of AI data center electricity usage. 

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  • VA LCV 2024 Post-Election Debrief and Conversation
    Date: November 12, 2024
    Location: Virtual

    Join Virginia LCV Executive Director Michael Town for our 2024 Post-Election Debrief and conversation with an update on the post-electoral lay of the land.  

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    In this webinar, California Strategic Growth Council Deputy Director of Community Investments and Planning Amar Cid, Former Senior Advisor of Climate and Economy to the California Governor’s Office Mary Collins, Valley Vision CEO…

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