1、 Public Oxera 2024 The economic cost of extreme weather events The economic cost of extreme weather events 1 The economic cost of extreme weather events Prepared for the International Chamber of Commerce 7 November 2024 Public Oxera 2024 The economic cost of extreme weather events 2 Contents ICC for

2、eword 1 Executive summary 2 1 Introduction 4 2 Understanding the trends and distribution of climate-related extreme weather impacts 6 2.1 Acute vs.chronic impacts 6 2.2 Definition and scope of climate-related extreme weather events 7 2.3 Trends in climate-related extreme weather events 8 2.4 The dis

3、tribution of climate-related extreme weather impacts 9 3 Categories of economic impact associated with extreme weather events 13 3.1 Introduction 13 3.2 Physical impacts 13 3.3 Human impacts 22 3.4 Broader impacts 25 3.5 Conclusion 29 4 Quantifying the economic damage to physical assets and human ca

4、pital associated with extreme weather events 30 4.1 Introduction 30 4.2 Methodology and data sources 30 4.3 Destruction of physical assets 32 4.4 Destruction of human capital:early deaths 33 4.5 Findings 34 4.6 Conclusion 45 Figures and Tables Figure 2.1 The regional distribution of populations vuln

5、erable to climate shocks 11 Figure 4.1 Economic impact of climate-related extreme weather events,2014 to 2023 35 Figure 4.2 Number of annual climate-related reported deaths 36 Figure 4.3 Proportion of economic cost attributable to loss of physical vs.human assets 37 Oxera Consulting LLP is a limited

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