Who pays for the damage from extreme weather? - News Summed Up

Who pays for the damage from extreme weather?


Extreme weather events claimed over 3,200 lives and destroyed over 2.3 lakh houses in the first nine months of 2024. [2]The country faced extreme weather events on 93% of the days in the year’s first nine months. Meanwhile, last year’s cost to ordinary people of climate and weather events was estimated at a staggering US$300 billion! As the world moves towards a fossil fuel phase-out, it is crucial that governments stop new oil and gas projects and make the fossil fuel industry pay for the damage they’ve done. Join the call to hold the fossil fuel industry accountable.


Source: Economic Times November 13, 2024 13:16 UTC



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