climateloss
Climateloss is a term used in climate economics and policy to describe the total value of losses resulting from climate change and its impacts. It encompasses direct physical damages from events such as floods, storms, droughts, and wildfires, as well as indirect consequences that arise from disrupted productivity, health costs, and changes in ecosystem services. The concept is closely related to, but distinct from, broader notions of climate risk, resilience, and adaptation planning, and it is often invoked in discussions about finance, insurance, and compensation for climate-related harms.
Components of climateloss typically include direct damages to infrastructure, homes, and commercial assets; losses in agricultural
Measuring climateloss relies on a mix of data sources and methods, including disaster databases, insurance claim
Policy relevance centers on the international emphasis on loss and damage within climate governance, including finance