16
Extreme weather events, meanwhile, have continued to increase in severity, with the US
experiencing a record number of $1bn weather-related disasters in 2023
Context Setting Technology Policy &Regulatory Geopolitics Climate Market
3
2
3
6
2
7
3
0
1
6
4 4
7
5
6
7
5
3
11
5 5
3
6
7
6 6
8
5
12
9
7
18
11
1010
11
15
19
16
14
22
20
18
28
27
0
5
10
15
20
25
30
1980 1984 1988 1992 1996 2000 2004 2008 2012 2016 2020 2024
Annual number of $1bn+ US weather-related disasters
Source(s): National Centres for Environmental Information
CAGR
2.6%
CAGR
7.3%
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