Last month, two major storms, Hurricane Helene and Hurricane Milton, caused a total of between $51.5 billion and $81.5 billion of property damage, mostly to Southeastern US states, according to estimates from CoreLogic.
That’s a lot of damage – but it’s only a small fraction of what climate change has cost people around the world.
A new report is flashing a warning signal about climate change and natural disasters, finding that their total economic damage has skyrocketed into the trillions.
The report from the International Chamber of Commerce, which
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