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Bookmark or Share- What is the La Niña weather pattern? All you need to know | World ...La Niña is a weather pattern that occurs in the Pacific Ocean. It changes ocean temperatures, causing severe weather conditions. The “cold event” causes winter temperatures to soar in the south but cool in the north. Climate-sensitive sectors like agriculture, health, water resources and disaster management are likely to be affected.
- Global Risks Report 2024 | World Economic ForumEnvironmental risks continue to dominate the risks landscape over all three time frames. Two-thirds of GRPS respondents rank Extreme weather as the top risk most likely to present a material crisis on a global scale in 2024 (Figure B), with the warming phase of the El Niño-Southern Oscillation (ENSO) cycle projected to intensify and persist until May this year.
- How to insure against extreme weather in developing economiesAlthough extreme weather is uncontrollable, companies can mitigate its financial impact through insurance. One of the fastest-growing forms is known as parametric insurance. Originally created as a form of catastrophe insurance, parametric insurance is finding additional uses to protect against extreme weather, other natural disaster risks ...
- This is the economic cost of extreme weatherThe human and economic costs of extreme weather. July 2021's floods across Germany, Belgium, Luxembourg and the Netherlands generated an estimated $43 billion in damages and approximately 200 fatalities. The level of flooding and damage was unprecedented in this particular region. Abnormally high water levels in rivers — also attributable to ...
- These 5 charts explore the human impact on extreme weatherAccording to the United Nations Office for Disaster Risk Reduction (UNISDR), China, the US and India were among the countries worst hit by extreme weather events from 1995 to 2015. Large parts of Africa and Europe have so far been relatively unscathed by the onslaught of these types of natural disasters. China, the US and India have suffered ...
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