Climate Change is Killing Our Economy.

It wasn’t built to handle this. We can’t afford to delay any longer.

Get the latest numbers on how much climate disasters are costing American businesses, workers, and your state’s economy across the U.S.

  • Climate-related weather disasters cost our economy more than $165 billion in 2021 – a nearly 50% increase from last year (NOAA; link)
  • Weather disasters have cost America $750 billion in the last five years. (NOAA; link)
  • By 2050, 10% of U.S. GDP could be wiped out by climate disasters every year. (Swiss Re; link)
  • Rising temperatures and extreme heat are projected to decrease worker productivity by $221 billion a year by 2090. (NCA; link)
  • By the end of the century, climate-related weather disasters are projected to cost the U.S. $500 billion every year – almost double the economic blow America suffered during the Great Recession. (NCA; link)

Climate Change is Driving up Costs for Americans.

The trends are clear. The time to act is now.

  • More than 40% of Americans live in counties directly impacted by climate disasters in 2021. (Washington Post; link)
  • Average U.S. homeowners insurance premiums have risen more than 40 percent since 2009. (Bankratemonitor; link)
  • Wildfire suppression cost taxpayers $2.3 billion in 2021 alone – up nearly 200 percent from a decade earlier. (NIFC: link)
  • Climate-related disasters were some of the biggest inflationary forces in 2021, driving up prices for corn, soybeans, lumber and other commodities to multi-year highs. (Wall Street Journal; link)
  • 97% of businesses say they have been negatively impacted by climate change. 75% of Americans say climate change is an economic threat. (Deloitte; link | Data for Progress; link)

The Cost of Climate Change | 2017-2021

Percentage of state’s total historic losses from weather and climate disasters in last 5 years. Total losses shown in text)(data source: NOAA, 2022)

Climate Action Powers our Economy

A cleaner economy creates jobs, helps consumers and drives growth and American competitiveness.

Sign Up for Email Updates


  • This field is for validation purposes and should be left unchanged.

Our Latest Press Releases


Releases

301 Major Clean Energy Projects Announced Since IRA; Companies Announced 1,700 Jobs, $3B for 8 Projects in March

WASHINGTON – Businesses announced eight major new clean energy and clean vehicle projects last month, bringing the total number of large-scale projects announced in the U.S. since the Inflation Reduction Act (IRA) was signed into law to 301, according to th...


Federal

Releases

Billions Awarded By IRA-Created Fund Can Be “Trailblazer” for Clean Energy in Low-Income, Rural Communities

The Environmental Protection Agency (EPA) is anticipated to announce of funding today for the first grant recipients from the $27 billion financing program created by the Inflation Reduction Act (IRA) for underserved and disadvantaged communities, known as ...


Federal

Releases

New Emissions Rules for Heavy-Duty Trucks a Good Start, But More to Be Done

“Shifting the heavy transportation sector to cleaner vehicles will reduce fuel costs for operators, spur innovation at big rig manufacturers and and cut pollution and greenhouse gas emissions."


Federal

Donate Today