Skip to content Skip to footer

2022 Saw 18 Extreme Weather Events That Exceeded $1 Billion Each in Costs

The climate crisis played a major role in last year’s severe weather outcomes.

Members of the Virginia Task Force 2 Urban Search and Rescue team comb through the wreckage on Fort Myers Beach looking for victims of Hurricane Ian October 4, 2022, in Fort Myers Beach, Florida.

A new report reveals the devastating cost of extreme weather events in the United States last year, with 18 events resulting in costs over $1 billion each and hundreds of lives lost.

In total, 474 people in the U.S. died in 2022 due to those 18 weather events, according to a report from the National Oceanic and Atmospheric Administration (NOAA).

Last year placed third “for the highest number of disasters recorded in a calendar year,” NOAA said on its website. The two years that saw a higher number of billion-dollar weather events were both recent; in 2021, there were 20 such events, and in 2020, there were 22.

Though previous years have had a greater number of billion-dollar extreme weather events, 2022 was more costly — “Damages from these disasters totaled approximately $165.0 billion for all 18 events,” NOAA said, noting that in the year prior, the total cost was $155.3 billion.

The severe weather events included hurricanes, flooding, winter storms, tornadoes, droughts, and more. Hurricane Ian was the most expensive of the 18 events in NOAA’s report, costing $112.9 billion — the third most expensive hurricane since the agency started recording costs in 1980.

Over the past seven years, NOAA noted, there have been over 122 separate billion-dollar weather-related disasters, with financial costs exceeding $1 trillion total. At least 5,000 people died as a result of these disasters.

Although the report doesn’t mention climate change, scientists from NOAA have said that the climate crisis is responsible for the increase in extreme weather events in the U.S. and around the world.

“The frequency & severity of extreme climate events continue to increase,” NOAA Administrator Rick Spinrad said on Twitter. “Today’s stats underscore why we must build our resiliency to these costly events & become a #ClimateReadyNation.”

In an email to Truthout, NOAA applied climatologist Adam Smith confirmed that the rise in extreme weather events is the result of the climate crisis.

“Climate change is supercharging the increasing frequency and intensity of certain types of extreme weather that lead to billion-dollar disasters — most notably the rise in vulnerability to drought, lengthening wildfire seasons in the Western states, and the potential for extremely heavy rainfall becoming more common in the eastern states,” Smith said. “Given all these compounding hazard risks, there is an increased need to focus on where we build, how we build, and investing in infrastructure updates that are designed for a 21st-century climate.”

Other organizations and experts noted that becoming “climate ready” isn’t enough — to lessen the frequency and severity of these events, the U.S. and other wealthy nations must act to reduce emissions.

“To curtail the worst climate and extreme weather disasters…major-emitting nations must take drastic actions to rein in global warming emissions,” a statement from the Union of Concerned Scientists said. “Policymakers must also invest equitably in climate adaptation measures.”

Rachel Cleetus, the policy director for the Climate and Energy Program for the Union of Concerned Scientists, told NPR:

This sobering data paints a dire picture of how woefully unprepared the United States is to cope with the mounting climate crisis and its intersection with other socioeconomic challenges in people’s daily lives. Rather than responding in a one-off manner to disasters within the U.S., Congress should implement a comprehensive national climate resilience strategy commensurate w/ the harm & risks we’re already facing.

Truthout Is Preparing to Meet Trump’s Agenda With Resistance at Every Turn

Dear Truthout Community,

If you feel rage, despondency, confusion and deep fear today, you are not alone. We’re feeling it too. We are heartsick. Facing down Trump’s fascist agenda, we are desperately worried about the most vulnerable people among us, including our loved ones and everyone in the Truthout community, and our minds are racing a million miles a minute to try to map out all that needs to be done.

We must give ourselves space to grieve and feel our fear, feel our rage, and keep in the forefront of our mind the stark truth that millions of real human lives are on the line. And simultaneously, we’ve got to get to work, take stock of our resources, and prepare to throw ourselves full force into the movement.

Journalism is a linchpin of that movement. Even as we are reeling, we’re summoning up all the energy we can to face down what’s coming, because we know that one of the sharpest weapons against fascism is publishing the truth.

There are many terrifying planks to the Trump agenda, and we plan to devote ourselves to reporting thoroughly on each one and, crucially, covering the movements resisting them. We also recognize that Trump is a dire threat to journalism itself, and that we must take this seriously from the outset.

Last week, the four of us sat down to have some hard but necessary conversations about Truthout under a Trump presidency. How would we defend our publication from an avalanche of far right lawsuits that seek to bankrupt us? How would we keep our reporters safe if they need to cover outbreaks of political violence, or if they are targeted by authorities? How will we urgently produce the practical analysis, tools and movement coverage that you need right now — breaking through our normal routines to meet a terrifying moment in ways that best serve you?

It will be a tough, scary four years to produce social justice-driven journalism. We need to deliver news, strategy, liberatory ideas, tools and movement-sparking solutions with a force that we never have had to before. And at the same time, we desperately need to protect our ability to do so.

We know this is such a painful moment and donations may understandably be the last thing on your mind. But we must ask for your support, which is needed in a new and urgent way.

We promise we will kick into an even higher gear to give you truthful news that cuts against the disinformation and vitriol and hate and violence. We promise to publish analyses that will serve the needs of the movements we all rely on to survive the next four years, and even build for the future. We promise to be responsive, to recognize you as members of our community with a vital stake and voice in this work.

Please dig deep if you can, but a donation of any amount will be a truly meaningful and tangible action in this cataclysmic historical moment. We are presently looking for 242 new monthly donors in the next 2 days.

We’re with you. Let’s do all we can to move forward together.

With love, rage, and solidarity,

Maya, Negin, Saima, and Ziggy