Top 10 extreme weather events cost world more than $122 billion in 2025: Rainfall in India, Pakistan claimed 1,860 lives – report

Extreme weather events in 2025 inflicted over $122 billion in global damages, with India and Pakistan’s devastating monsoon floods alone costing $5.6 billion and claiming 1,860 lives. While the US faced the highest financial toll from wildfires, poorer nations bore a disproportionate human cost. Experts warn continued fossil fuel use fuels this escalating crisis.