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Steve Bowen@stevebowen.bsky.social |
NOAA's NCEI provides a great service with the billion-dollar loss database. It should be applauded. Quantifying the direct financial costs from weather / climate events is not a trivial exercise and often involves proprietary data. NOAA's methodology is accurate and strong.
1 replies 0 reposts 6 likes
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Steve Bowen
@stevebowen.bsky.social
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FYI: There may not be a more irrelevant and unhelpful analysis than trying to use aggregated disaster costs as a percentage of global GDP. It also removes any consideration of actual human / societal impacts. You don't need a "worst case" loss to cause long-term harm to a local community.
0 replies 0 reposts 4 likes