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Climate Change

Quakes and storms cause $95 billion in insurance losses in 2023 -Munich Re

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Earthquakes in Turkey and Syria, storms in the United States and other natural disasters caused an estimated $95 billion in insured losses in 2023, down from the previous year but still above the long-term average, Munich Re said on Tuesday.

The tally of losses from natural catastrophes covered by insurance is less than the $125 billion recorded in 2022 and is also lower than an estimate of $100 billion published last month by rival Swiss Re.

But the 2023 figure from Munich Re, the world's largest reinsurer, is above a 10-year average of $90 billion and well above a 30-year average of $57 billion, Reuters reported.

The quakes in Turkey and Syria were the most destructive events, causing 58,000 deaths, $50 billion in overall losses and $5.5 billion in losses covered by insurance.

But what stood out in 2023, Munich Re said, were not single big events but the numerous severe regional storms in the United States and Europe which are increasing as a result of climate change.

"The background noise has become louder. Loss events that were previously regarded as secondary and acknowledged as less significant 'side risks' have become a major loss driver," Ernst Rauch, chief climate scientist at Munich Re, told Reuters.

Total losses from natural catastrophes, including those not covered by insurance, were $250 billion in 2023. That is similar to 2022 and the average of the previous five years, but above 10-year and 30-year trends.

North America once again accounted for a big portion of the losses, though the hurricane season was relatively mild.

Scientists have said that a warming of the Earth's atmosphere will cause more damage in the decades ahead.

Insurers have in some cases been raising the rates they charge as a result of the increasing likelihood of disasters, and in some places have stopped providing coverage.

Climate Change

Kandahar’s Takhtapul district hit hard by ongoing drought

Afghanistan has experienced three consecutive years of drought, including the most devastating drought in 30 years in 2021 and 2022.

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Residents of Takhtapul district of Afghanistan’s Kandahar province say they are struggling to survive amid an ongoing drought that has devastated their crops.

This rural community mainly relies on agriculture to survive but climate change has virtually ended any hopes of farming.

Afghanistan has experienced three consecutive years of drought, including the most devastating drought in 30 years in 2021 and 2022.

Climate experts predict that by 2050, 90% of its territory will be affected by drought.

Afghanistan is one of the ten countries most vulnerable to climate change. It's also ranked fourth in overall disaster risk.

Takhtapul residents have spoken out about their plight and said they have sustained extensive losses due to the drought

They said in the past they had made a living off farming, but now due to the severe lack of water, their land has become barren.

They also said this is forcing their youth and younger generation to find work in other provinces or outside the country.

Abdullah, a resident of Takhtapul district of Kandahar, said: "Our youths have gone to Pakistan and other provinces in search of work due to unemployment and drought. There they have wheelbarrows [for day labourer work] or they do other jobs."

On the other hand, local officials say that they are trying to reduce unemployment by launching development projects in this district.

Along with droughts and lack of work for young people, the breakdown of roads, lack of health centers and lack of suitable places for education are among the problems that the residents of this district want to solve.

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Climate Change

EU pledges €15 million to WFP to help mitigate climate crisis impact on Afghans

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The United Nations World Food Programme (WFP) has welcomed a €15 million (US$15.8 million) contribution from the European Union (EU) for its climate related activities in Afghanistan.

According to a statement issued by the EU on Thursday, this contribution will help local communities prepare for natural disasters and face the devastating effects of climate change, and support farmers for more productive and sustainable agriculture.

So far this year, more than 160,000 people have been affected by flooding in Afghanistan. Floods have destroyed almost 20,000 homes, and thousands of hectares of agricultural land.

“The European Union is committed to assisting the people of Afghanistan in adapting to climate change, which is severely threatening food security and livelihoods notably of rural communities, said the EU Chargée d’Affaires to in Afghanistan, Veronika Boskovic Pohar.

“Climate-related shocks also exacerbate host communities’ capacity to support internally displaced people and returnees from neighboring countries, and they discourage farmers in poppy-cultivating areas from sustainably shifting to licit crops.

“This latest contribution increases the European Union’s steady support to WFP’s resilience programme in Afghanistan to a total EUR 85.1 million since 2022”, she said.

Harald Mannhardt, WFP Deputy Country Director in Afghanistan, said: “This latest funding from the European Union comes at a critical moment as WFP earlier this year was forced to halt projects across the country due to a massive funding shortfall.”

Afghanistan is currently ranked seventh on the Notre Dame Global Adaptation Index of countries most vulnerable and least prepared to adapt to climate change.

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Climate Change

Malaysia records six months of rain in just five days

One of the worst hit areas was Kelantan which recorded 1,442mm of rain between November 26 and 30

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Six months worth of Malaysia’s average annual rainfall fell within five days across the east coast of the country last week, Prime Minister Datuk Seri Anwar Ibrahim said early Tuesday. 

One of the worst hit areas was Kelantan which recorded 1,442mm of rain between November 26 and 30.

Ibrahim said the high rainfall led to flooding that forced a large number of people in Kelantan and Terengganu to be evacuated.

The recorded rainfall at Irrigation and Drainage Department stations in Tanah Merah and Tumpat, exceeded 1,167mm in just five days.

“According to the Malaysian Meteorological Department (MetMalaysia), the reading (in Kelantan) was at 1,442mm, an extraordinarily high level of rainfall. In Terengganu, MetMalaysia’s Besut station recorded 1,761mm of rain during the same period.

“Overall, the (average) rainfall was 1,349mm, far beyond our expectations,” Anwar told the Dewan Rakyat (Parliament) on Tuesday. 

He also said the government is preparing for the forecast monsoon surge as announced by MetMalaysia, expected to start after Dec 8.

By Tuesday, some residents in the town of Tumpat were returning to submerged homes and shops as deadly floodwaters eased in some areas.

People who returned to their homes found many had collapsed, with parts of walls, roofs and broken furniture lying scattered in pools of water.

Muhamad Alim, a 56-year-old shopkeeper whose food store was inundated, recalled fast-rising waters in his home and his grandchildren crying as the flood surged on Saturday night.

"Electricity was cut off, and there was no water supply. So, we were stuck, sitting there as if we were in the middle of the sea, surrounded by water," he told Reuters.

"You could hear the sound of water rushing cutting through the silence of the night."

Six people have died in Malaysia and more than 150,000 were evacuated during the height of the floods last week, government data showed.

In Thailand, the death toll is 25, and more than 300,000 households were still affected, the interior ministry said.

The number of people in temporary shelters in Malaysia fell to just under 95,000 on Tuesday morning, though the authorities remain on guard for a second wave of floods this week.

Malaysia's Meteorological Department expects a wind convergence to begin on Tuesday, potentially bringing heavy showers, with a monsoon surge to follow on Dec. 8.

In Thailand, the Meteorological Department warned people in the south of the country to beware of heavy to very heavy rains and possible flash flooding and overflows from Dec. 3-5.

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