Climate disasters cost the world more than $120bn (£95bn) in 2025, with the true toll expected to be far higher as the deadliest events in poorer countries were largely uninsured and undercounted, a new analysis has found.
The review of extreme weather events this year shows that Asia accounted for four of the six most expensive climate disasters of 2025. Many of the deadliest disasters elsewhere did not feature among the costliest events because financial losses were not insured.
