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Climate disasters cost world $122 bn
Financial Express Mumbai
|December 28, 2025
$6-bn damage caused by floods in India, Pakistan
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HEATWAVES, WILDFIRES, DROUGHTS and storms cost the world more than $120 billion in 2025, according to a new report analysing the escalating cost of climate change.
The report by UK-based NGO Christian Aid underscores the cost with fossil fuel companies playing a central role in driving the crisis. The report noted that cost of climate inaction is equally clear, as communities continue to bear the brunt of a crisis that could have been averted with urgent action to reduce greenhouse gas emissions.
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