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Climate disasters cost the world over $120 bn
Financial Express Chandigarh
|December 28, 2025
“IN TERMS OF events which caused the biggest financial cost in 2025, the US bore the brunt, with the fires in California topping the list as the single biggest one-off event at $60 billion in damage and leading to the deaths of more than 400 people,” the report added.
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Second on the list was the cyclones and floods that struck Southeast Asia in November causing $25 billion in damage and killing more than 1,750 people across Thailand, Indonesia, Sri Lanka, Vietnam and Mal
This story is from the December 28, 2025 edition of Financial Express Chandigarh.
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