Calls Grow for Fossil Fuel Industry to Pay Climate Reparations Amid New Report

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Calls for the fossil fuel industry to pay climate reparations grow as a report finds most deaths from extreme weather events in recent decades have been in developing countries.

“The analysis offers a starting point for much needed action to hold fossil fuel companies accountable for their financial responsibilities,” Greenpeace International general counsel Kristin Casperin response to the findings. “Now, communities on the frontline of environmental breakdown can decide how to wield the study’s powerful findings in their own struggles for justice.”

There was some good news in the WMO report. While the yearly cost of extreme weather disasters has increased over the last 51 years, the death toll has decreased due to early warning systems. For example, Cyclone Nargis in 2008 killed 138,366 people in Myanmar and Bangladesh, a toll much higher than Mocha’s.

“Thanks to early warnings and disaster management these catastrophic mortality rates are now thankfully history,” Taalas said. “Early warnings save lives.” The WMO published its findings to coincide with the World Meteorological Congress, which launched Monday with a talk on extending early warning systems to every country on Earth by 2027, a goal spearheaded by U.N. Secretary-General António Guterres. Currently, these systems only cover around half of all countries, and Small Island Developing States, Least Developed Countries, and Africa nations are especially left out.

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