U.S. disaster costs were $165B in 2022 and are projected to exceed $300B annually in recovery by 2035. Meanwhile, while most philanthropic capital arrives and is earmarked within 6 weeks of a major disaster, it takes an average of 3-6 years for communities to recover.
In 2022, the average number of days between climate-driven disasters (causing at least $1B in damage) in the U.S. was 20 days. The total annual number of such disasters has increased from 5 disasters in 2000, to 18 in 2022, and is projected to exceed 85 per year by 2035.
In the United States, 90% of counties (and 93% of the population, totaling more than 300 million people) have experienced a climate-driven disaster since 2011.