New Abnormal: Climate Disaster Damage ‘Down’ to $268 Billion

This past year has seen a horrific flood that submerged one-third of Pakistan, one of the three costliest U.S. hurricanes on record, devastating droughts in Europe and China, a drought-triggered famine in Africa and deadly heat waves all over.

Yet this wasn’t climate change at its worst.

With all that death and destruction in 2022, climate-related disaster damages are down from 2021, according to insurance and catastrophe giant Swiss Re. That’s the state of climate change in the 2020s that $268 billion in global disaster costs is a 12% drop from the previous year, where damage passed $300 billion.

The number of U.S. weather disasters that caused at least $1 billion in damage is only at 15 through October and will likely end the year with 16 or 17, down from 22 and 20 in the last two years, according to the National Oceanic and Atmospheric Administration. But because of Hurricane Ian, overall damage amounts are probably going to end up in the top three in American history.

Weather disasters, many but not all of them turbocharged by human-caused climate change, are happening so frequently that this year’s onslaught, which 20 years ago would have smashed records by far, now in some financial measures seems a bit of a break from recent years.

Welcome to the new abnormal.

“We’ve almost gotten used to extremes. And this year compared to many years in the past would be considered a pretty intense year, but compared to maybe the most extreme years, like a 2017, 2020 and 2021, it does look like … a slight adjustment down,” said NOAA applied meteorologist and economist Adam Smith, who calculates the billion dollar disasters for the agency. “We’re just getting used to it but that’s not a good way to move into the future.”

Wildfires in the United States weren’t as costly this year as the last couple years, but the Western drought was more damaging than previous years, he said. America’s billion dollar disasters in 2022 seemed to hit every possible category except winter storms: hurricanes, floods, droughts, wildfires, heat waves, hail storms and even a derecho.

When it comes to 2022’s financial damages globally and the United States, Ian, which walloped Florida, was the big dog, even though Pakistan’s flooding was more massive and deadly. In terms of just looking at dollars not people, Ian’s damages eclipsed the drought-triggered African famine that affected more people. It also overshadowed river levels in China and Europe that dropped to levels so low it caused power and industrial problems and the heat waves in Europe,India and North America that were deadly and record-breaking.

Smith said NOAA hasn’t finished calculating the damages from Ian yet, but there’s a good chance it will have more than $100 billion in damage, pushing past 2012’s Superstorm Sandy that swamped New York and New Jersey, ranking only behind 2005’s Katrina and 2017’s Harvey for damaging hurricanes.

In the 1980s, the United States would average a billion-dollar weather disaster every 82 days. Now it’s every 18 days, Smith said. That’s not inflation because damages are adjusted to factor that out, he said. It’s nastier weather and more development, people and buildings in harm’s way, he said.

Globally “if you zoom in the last six years, 2017 to 2022, this has been particularly bad” especially compared to the five years before, said Martin Bertogg, Swiss Re’s head of catastrophic peril.

“It felt like a regime change, some people called it a new normal,” Bertogg said. But he thinks it was more getting back, after a brief respite, to a long-term trend of disaster costs steadily rising 5% to 7% a year.

U.S. climate envoy John Kerry said the increasing number of disasters makes the case for reducing emissions.

“You’re spending money now because we’re not doing the things we ought to be doing,” Kerry said in an interview with The Associated Press. “We’ll be spending a hell of a lot more under much more stringent circumstances than we are today if we don’t move faster.”

Not every year has to be a whopper. The U.S. got a break in 2019 when there were “only” 14 billion-dollar disasters, NOAA’s Smith said.

“A growing body of evidence indicates that climate change is increasing the variability as well as the average” of weather disasters, said Stanford University environment director Chris Field, who led a United Nations 2012 report on extreme weather. “What this means is that in some years we get hit harder than others. In other years we get hit like never before.”

“The important thing is that the trend in disasters is increasing,” Field said. “And it will continue to increase until we halt the warming.”

Looking at damages, mostly insured losses, can give a skewed picture because how much a disaster cost depends greatly on how wealthy the area that the disaster hit, less so than the scale of the disaster itself, said Debarati Guha-Sapir, who runs the Centre for Research on the Epidemiology of Disasters at the Catholic University of Louvain in Belgium.

And even more important, these figures are about dollars, not people, and that distorts the true picture, said Guha-Sapir and University of Washington health and climate professor Kristie Ebi.

“What is insured is a small fraction of total infrastructure and the people killed in Pakistan,” which lowers the damage amount despite 1,700 people killed, Ebi said.

The flood in Pakistan, which submerged one-third of a country that’s bigger than Texas, was not the only thing that hit that developing country.

“Pakistan just couldn’t catch a break this year. A January snowstorm killed 23 followed by a lethal spring heatwave, then devastating floods from June-October took over 1,700 lives and untold livelihoods,” said Jennifer Francis, a climate scientist at the Woodwell climate Research Center in Cape Cod. “Many other surprising, less publicized, and alarming events wreaked havoc on local communities, such as the sudden collapse of the lucrative snow crab fishery in the Bering Sea, rapid demise of European glaciers, inundation of several coastal villages in Alaska by ex- tropical cyclone Merbok.”

“Additional heat in the atmosphere is sucking moisture out of soils, exacerbating drought and heatwaves,” Francis said. “Evaporation from oceans and land also increases the amount of moisture in the air, which provides more fuel for storms and heavier downpours.”

Swiss Re’s Bertogg said although climate change is at work he estimates two-thirds, perhaps more, of the rise in damages is due to more people and things in harm’s way.

Urbanization across the globe puts more people in dense environments, which increases damage when disaster hits, Bertogg said. Then add urban sprawl that takes those cities and makes them geographically bigger and thus more vulnerable, he said. A good example of that is how wildfires started damaging more homes in California as more homes got built in rural areas, he said.

Plus more construction is being built on the coast and along waterways making them more vulnerable to storms and flooding, with flooding as “the biggest threat for the global economy,” Bertogg said.

But NOAA’s Smith keeps searching for a little silver lining in storm clouds: “I just hope the trends get a little bit less profound and less stressful for society. We all need a break.”

Source: Voice of America

Chinese Port Projects Along Africa’s Coasts Come with Environmental Costs, Study Finds

China has constructed numerous ports, bridges and other coastal projects throughout the developing world in recent years in what’s been dubbed by Beijing the “21st Century Maritime Silk Road” – part of President Xi Jinping’s greater Belt and Road Initiative to build infrastructure.

But while some projects help developing economies increase their capacity for trade, there are environmental downsides to China’s coastal infrastructure, according to an academic study published this week in the journal One Earth, with Africa among the most negatively affected regions and Caribbean Island nations also facing high risk to marine habitats.

The study, by researchers from Boston University Global Development Policy Center, University of California Santa Barbara, Colorado State University and the University of Queensland, looked at the risks from 114 Chinese-funded coastal development projects over a 10-year period until 2019. The projects studied were funded by either the China Development Bank or Export-Import Bank of China and totaled some $65 billion in financing. China is the biggest bilateral funder of coastal infrastructure overseas, surpassing Japan and multilateral institutions like the Asian Development Bank.

“‘The 21st Century Maritime Silk Road’ has enormous potential to propel economic prosperity … but there are growing concerns regarding the potential deleterious impacts of this initiative on the environment and local and indigenous communities,” the study said.

Study findings

For example, in “Angola and Mozambique, more than 2,000 [square kilometers] of marine habitats face high impact risks,” the research found. However, just a few months ago, Chinese upgrades to a port in Angola were lauded by Chinese state media the Global Times, which said the project is designed to benefit the community in several ways including meeting “local demand for import and export of goods.”

While infrastructure such as bridges and power plants can also threaten the environment, it is port developments that represent the greatest risks to marine systems, researchers found.

“Ports rank as the highest-risk sector for coastal construction, because of the many possible avenues for environmental and social impacts: beyond the noise, light, and habitat disruption from the construction itself, they also bring the potential for significant changes in local ecosystems through the introduction of invasive species who ‘hitchhike’ on incoming ships and the depletion of local fish stocks from new fishing fleets who may come to use the port,” Rebecca Ray, senior researcher in global development policy at Boston University, told VOA.

African ports, such as those in Mauritania, Ivory Coast, Cameroon, Angola, Mozambique and Djibouti, are prominent regional risk hotspots. The study found that as well as affecting marine life and biodiversity, such projects can negatively impact indigenous coastal communities.

This was particularly stark in West Africa, it said, where “seas surrounding coastal indigenous communities in Western and central Africa are disproportionately at risk, which could result in negative effects in seafood consumption and local livelihoods.”

Ivory Coast, for example, has some of the greatest risks to their seas and also has some of the highest levels of seafood consumption.

Balancing environment with development

In Mauritania’s capital, a Chinese-built port brought with it a fishing deal with a Chinese fleet, which then outdid local fishermen, Ray told VOA.

“In the case of the Nouakchott Friendship Port, small-scale fishers claim that over-fishing from Chinese fishing boats has not only damaged the local ecosystem but also their own ability to continue to make a living by fishing at small, sustainable scales,” she said.

In recent years, China has been balancing its environmental commitments with its economic goals.

“We need to care for the ocean as we treasure our lives,” Chinese President Xi Jinping said last year, state news agency Xinhua reported.

“Efforts will be made to develop ‘blue partnerships’ and expand cooperation with coastal countries in terms of marine environment protection, scientific research and maritime rescue,” the article stated.

Xinhua also talked about China’s vision for more maritime connectivity and trade, mentioning the Mauritanian port as an example of China’s economic vision, saying China’s aid “improved the handling capacity and alleviated cargo congestion and delays in the port, making it an important logistics node along the 21st Century Maritime Silk Road.”

In Southern Africa, researchers found that the renovation and expansion of the Beira Fishing Port in Mozambique by a Chinese engineering company presented one of the greatest risks within 10 kilometers of marine habitats of all the projects examined in the study.

“The impact of potential overfishing is why the Beira fishing port is ranked so high in risk among projects: it is the only port in the dataset developed explicitly for fishing purposes,” Ray explained.

During the inauguration ceremony of the renovated port last year, then-Chinese Ambassador Su Jian as well Mozambique’s president, Filipe Nyusi, said the port project would help with economic development, reported Xinhua.

“We believe that over the coming months we will continue to open more Chinese-funded projects,” Nyusi said.

However, not all African leaders are so welcoming of Chinese ports. In Tanzania, late President John Magufuli pulled the plug on a Chinese-planned port in 2019, saying the Chinese demands surrounding the development had been “exploitative.”

China’s green BRI initiatives

The study in One Earth recommends that China mitigate marine risks in its BRI developments.

The Chinese Foreign Ministry did not reply to VOA’s request for comment on this story. However, Beijing has become more environmentally conscious when handling infrastructure projects, including banning new coal-powered projects abroad.

In 2021, China’s Ministry of Foreign Affairs issued guidance for its Belt and Road Initiative partners to “[foster] economic, social, and environmental development in a balanced and integrated manner.” The guidance also mentioned promoting “environment-friendly and resilient infrastructure through, inter alia, enhancing climate and environmental risk assessment on projects.”

Early this year, Beijing announced new green finance guidelines for its banks to manage risks, including environmental concerns.

Source: Voice of America