ReferIndia News Climate disasters cost the world over $120 billion in 2025: Report

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Climate disasters cost the world over $120 billion in 2025: Report

Published on: Dec. 27, 2025, 11:34 p.m. | Source: The Economic Times

The year 2025 will be remembered for its severe climate upheavals, leading to a staggering $120 billion in global damage. From sweltering heatwaves to rampant wildfires, countless nations found themselves in dire straits. California stood out with the highest financial toll due to its devastating fires. In the East, Southeast Asia and China faced heartbreaking floods that left communities reeling.

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