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=== On the economy === [[File:Damage-costs-from-natural-disasters.png|thumb|Global damage cost from natural disasters (1980–2022)]]Global economic losses due to extreme weather, climate and water events are increasing. Costs have increased sevenfold from the 1970s to the 2010s.<ref>World Meteorological Society (WMO) (2021). [https://library.wmo.int/idurl/4/57564 WMO Atlas of Mortality and Economic Losses from Weather, Climate and Water Extremes (1970–2019)]. https://library.wmo.int/idurl/4/57564</ref>{{rp|16}} Direct losses from disasters have averaged above US$330 billion annually between 2015 and 2021.<ref name=":132">UNDRR (2023). [https://sendaiframework-mtr.undrr.org/publication/report-midterm-review-implementation-sendai-framework-disaster-risk-reduction-2015-2030 The Report of the Midterm Review of the Implementation of the Sendai Framework for Disaster Risk Reduction 2015–2030]. UNDRR: Geneva, Switzerland.</ref>{{rp|21}} [[Socioeconomics|Socio-economic]] factors have contributed to this trend of increasing losses, such as population growth and increased wealth.<ref>{{Citation |last=Bouwer |first=Laurens M. |title=Observed and Projected Impacts from Extreme Weather Events: Implications for Loss and Damage |date=2019 |work=Loss and Damage from Climate Change: Concepts, Methods and Policy Options |pages=63–82 |editor-last=Mechler |editor-first=Reinhard |series=Climate Risk Management, Policy and Governance |place=Cham |publisher=Springer International Publishing |doi=10.1007/978-3-319-72026-5_3 |isbn=978-3-319-72026-5 |editor2-last=Bouwer |editor2-first=Laurens M. |editor3-last=Schinko |editor3-first=Thomas |editor4-last=Surminski |editor4-first=Swenja |doi-access=free}}</ref> This shows that increased exposure is the most important driver of economic losses. However, part of these are also due to human-induced [[Economic analysis of climate change|climate change]].<ref>Seneviratne, S.I., X. Zhang, M. Adnan, W. Badi, C. Dereczynski, A. Di Luca, S. Ghosh, I. Iskandar, J. Kossin, S. Lewis, F. Otto, I. Pinto, M. Satoh, S.M. Vicente-Serrano, M. Wehner, and B. Zhou, 2021: [[doi:10.1017/9781009157896.013|Weather and Climate Extreme Events in a Changing Climate. In Climate Change 2021: The Physical Science Basis. Contribution of Working Group I to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change]] [Masson-Delmotte, V., P. Zhai, A. Pirani, S.L. Connors, C. Péan, S. Berger, N. Caud, Y. Chen, L. Goldfarb, M.I. Gomis, M. Huang, K. Leitzell, E. Lonnoy, J.B.R. Matthews, T.K. Maycock, T. Waterfield, O. Yelekçi, R. Yu, and B. Zhou (eds.)]. Cambridge University Press, Cambridge, United Kingdom and New York, NY, USA, pp. 1513–1766, {{doi|10.1017/9781009157896.013}}</ref>{{rp|1611}}<ref name=":12">Newman, R., Noy, I. [[doi:10.1038/s41467-023-41888-1|The global costs of extreme weather that are attributable to climate change]]. ''Nat Commun'' 14, 6103 (2023). {{doi|10.1038/s41467-023-41888-1}}</ref>
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