Climate-fuelled disasters bring 'grave' costs across the globe in 2021


A view of the situation in Taman Sri Muda on Christmas day after being affected by floods in Shah Alam. FAIHAN GHANI/The Star

KUALA LUMPUR: From deadly Hurricane Ida in the United States to devastating floods in China and Europe, climate change-fuelled disasters have cost the world tens of billions of dollars in 2021, with both the poor and the rich hit hard, researchers said on Monday.

Floods, storms and drought also killed and displaced millions of people across some of the world's poorest regions, highlighting the rising injustice of impacts as the planet warms, humanitarian charity Christian Aid said in a report.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Disasters , 2021 , climate , costs , economy ,

Next In Business News

Shein targets US$27bil valuation in HK IPO
Washington scrutiny poses new export risks
BoK poised to lift 2026 growth outlook above 3%
KPMG Australia to cut nearly 400 jobs, flags difficult market
Canada braces itself for protracted trade war
US bonds risk sell-off without Fed guidance
Bitcoin ETFs see biggest weekly inflow in 10 months
Gold climbs to three-month high as weaker dollar raises investor concern
Nationgate set for enhanced earnings as photonics capacity builds
SGX dispels ‘boring’ myth to draw young investors

Others Also Read