"US suffered greatest economic losses, report commissioned by International Chamber of Commerce finds, followed by China and India"
"Violent weather cost the world $2tn over the past decade, a report has found, as diplomats descend on the Cop29 climate summit for a tense fight over finance.
The analysis of 4,000 climate-related extreme weather events, from flash floods that wash away homes in an instant to slow-burning droughts that ruin farms over years, found economic damages hit $451bn across the past two years alone.
The figures reflect the full cost of extreme weather rather than the share scientists can attribute to climate breakdown. They come as world leaders argue over how much rich countries should pay to help poor countries clean up their economies, adapt to a hotter world and deal with the damage done by increasingly violent weather."
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