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US Breaks Annual Record for Costly Climate Disasters

  • US has suffered 23 billion-dollar climate disasters so far in 2023, breaking the previous annual record of 22 in 2022.

  • These disasters have caused over 250 deaths and $57.6 billion in damages, not including Hurricane Idalia.

  • Extreme weather events like severe storms, floods, and wildfires are becoming more frequent and costly due to climate change.

  • Since 1980, the annual average number of billion-dollar disasters was 8.1 but the last 5 years averaged 18 per year.

  • The total cost of the 360 billion-dollar disasters since 1980 is over $2.5 trillion, with annual costs rising over time.

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Relevant topic timeline:
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