Wildfires and Natural Disasters Cost the World Over $120 Billion in 2025: Report

December 29, 2025
Current Context: The report “Counting the Cost 2025” was released by Christian Aid on 26 December 2025. It highlights that wildfires, floods, storms, droughts, and heatwaves caused over $120 billion in global losses during the year.
Wildfires and Natural Disasters Cost the World Over $120 Billion in 2025: Report
  • The California wildfires alone accounted for more than $60 billion in damages and over 400 deaths.
  • Severe cyclones and floods in Southeast Asia added around $25 billion losses and claimed 1,750+ lives.
  • The report lists the 10 costliest climate disasters of 2025, each exceeding $1 billion in damages.
  • It stresses that these events are not “natural” disasters but the predictable result of fossil fuel expansion.
  • The key message is an urgent call for emission cuts and climate finance to protect vulnerable communities.

Question:

Q.1 What common threshold did the ten costliest climate disasters of 2025, as listed in the report, each exceed?
a) 100 lives lost.
b) Displacement of over 1 million people.
c) $10 billion in damages.
d) $1 billion in damages.

Answer: d) The report lists the 10 costliest climate disasters of 2025, each exceeding $1 billion in damages.
IBPS RRB Scale II GBO Course 2025

About Me

Ramandeep Singh

Ramandeep Singh

Educator & Banking Expert

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

14+
Years Experience
5000+
Selections
Ex-BoB
Banker
Close Menu
Close Menu