As of today, 2024 will be the warmest year on record.
2024 is the first year greater than 1.5ºC above pre-industrial levels. We are overacheivers.
Emissions need to go down, not up, to decrease risks to our economies and our communities.
Why It Matters
The annual temperature for 2024 is forecast to be greater than 1.55°C above pre-industrial levels.
In the U.S. in 2024, extreme weather has cost $62 billion.
The costs of extreme weather in the U.S. in 2024 is greater than the GDP of more than 50% of the countries on Earth.
Extreme weather in the U.S. in 2024 costs more than the GDP of the U.S. states of Wyoming or Vermont or the GDP of Tulsa, Oklahoma.
Details
Increasing emissions directly impacts our economy by increasingly extreme weather costs and risks to communities.
In the U.S., as of November 1, 2024, year-to-date, there have been 24 confirmed weather/climate disaster events with losses exceeding $1 billion each to affect United States.
These events included 17 severe storm events, 4 tropical cyclone events, 1 wildfire event, and 2 winter storm events.
This comes at a price tag of at least $62 billion and 418 people dead.
To put this in perspective, $62 billion in damage to the U.S. is greater than the GDP of the U.S. states of Wyoming or Vermont or the GDP of Tulsa, Oklahoma.
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