Local weather extremes hit pressured economies even more durable

Economies already below stress reply extra strongly to climate occasions like warmth waves, river floods and tropical cyclones, a brand new examine reveals. A worldwide financial disaster as in the course of the Covid-19 pandemic strongly amplifies the value will increase personal households expertise from the impacts of climate extremes, a group of researchers finds. The worth impacts tripled in China, doubled in the US and elevated by a 3rd within the European Union.