By Roger Pielke Jr – Re-Blogged From Risk Frontiers
The world is presently in an era of unusually low weather disasters. This holds for the weather phenomena that have historically caused the most damage: tropical cyclones, floods, tornadoes and drought. Given how weather events have become politicized in debates over climate change, some find this hard to believe. Fortunately, government and IPCC (Intergovernmental Panel on Climate Change) analyses allow such claims to be adjudicated based on science, and not politics. Here I briefly summarize recent relevant data.
Every six months Munich Re publishes a tally of the costs of disasters around the world for the past half year. This is an excellent resource for tracking disaster costs over time. The data allows us to compare disaster costs to global GDP, to get a sense of the magnitude of these costs in the context of economic activity. Using data from the UN, here is how that data looks since 1990, when we have determined that data is most reliable and complete.