There is increasing evidence that climate change is influencing the frequency of severe weather events. Not only is it wreaking havoc on human safety and infrastructure, but it also has a significant economic impact.
According to Climate Central, the frequency of billion-dollar weather disasters is now about one event every 18 days, compared to 82 days between such disasters in the 1980s. This rise in frequency — and intensity — has companies, municipalities, regulators and government agencies looking at new ways now to prepare and mitigate the risks of our future climate.