Overview
- Most totals reflect insured losses, so the true economic and human costs—especially in countries with little insurance—are substantially higher.
- California’s Palisades and Eaton wildfires were the single costliest event at roughly $60 billion in losses, with more than 400 deaths reported.
- Cyclones and floods across South and Southeast Asia in November caused about $25 billion in damage and killed more than 1,750 people.
- Asia accounted for four of the six costliest events, including China’s floods ($11.7 billion), India–Pakistan monsoon losses (~$5.6 billion, over 1,860 deaths) and Philippine typhoons (over $5 billion, 1.4 million displaced).
- Report authors say climate change intensified many 2025 disasters and call for more adaptation finance and a fossil‑fuel phase‑out, noting COP30’s pledge to triple adaptation funding is still seen as insufficient.