NEW YORK (Thomson Reuters Foundation) – A record-breaking wildfire season in the western United States cost insurers a staggering $7 billion to $13 billion in 2020, researchers said on Tuesday, an illustration of the growing price tag on natural disasters linked to climate change.
How much do wildfires cost?
The annual national cost of wildland fire protection exceeded $1 billion (Figure 1) for six of the last 10 years. On average, costs have risen about $150 million per decade since data collection started in 1970.
How much did the 2020 wildfires cost?
The fires destroyed over 10,000 structures and cost over $12.079 billion (2020 USD) in damages, including over $10 billion in property damage and $2.079 billion in fire suppression costs.
How much did 2018 wildfires cost?
Our estimation shows that wildfire damages in 2018 totalled $148.5 (126.1–192.9) billion (roughly 1.5% of California’s annual gross domestic product), with $27.7 billion (19%) in capital losses, $32.2 billion (22%) in health costs and $88.6 billion (59%) in indirect losses (all values in US$).
How much money did the California wildfires cost?
California’s 2018 wildfires cost the US economy $148.5bn (£110bn) (0.7% of the country’s annual GDP), of which $45.9bn was lost outside the state, according to researchers from universities including UCL.
What is the biggest wildfire in the world?
Largest fires of the 21st-century
|Rank||Name||Area burned (km2)|
|1||2003 Russian wildfires||200,000|
|2||2019-2020 Australian bushfire season||180,000|
|3||2019 Siberia wildfires||43,000|
|4||2014 Northwest Territories fires||34,000|
Are wildfires good?
Fire removes low-growing underbrush, cleans the forest floor of debris, opens it up to sunlight, and nourishes the soil. Reducing this competition for nutrients allows established trees to grow stronger and healthier. … Fire clears the weaker trees and debris and returns health to the forest.
What country has the most wildfires?
Argentina registered the second largest number of wildfires in the region that year, at over 74 thousand.
Number of wildfires in South America in 2020, by country or territory.
|Characteristic||Number of wildfires|
How many animals died in the California fires 2018?
Schaeffer estimates between 6,000 and 12,000 pets died in the fire.