The Global Climate Risk Index analyses to what extent countries have been affected by the impacts of weather-related loss events (storms, floods, heat waves etc.). Global Climate Risk Index is an analysis based on one of the most reliable data sets available on the impacts of extreme weather events and associated socioeconomic data.
The Global Climate Risk Index (CRI) developed by Germanwatch analyses the quantified impacts of extreme weather events3—both in terms of fatalities as well as economic losses that occurred—based on data from the Munich Re NatCatSERVICE, which is worldwide one of the most reliable and complete data bases on this matter. The CRI looks both at absolute and relative impacts, and results in an average ranking of countries in four indicators, with a stronger emphasis on the relative indicators . The countries ranking highest are the ones most impacted and should see the CRI as a warning sign that they are at risk either from frequent events or rare, but extraordinary catastrophes.
People all over the world have to face the reality of climate variability, in many parts of the world an increasing variability. More than 530,000 people died as a direct result of almost 15,000 extreme weather events, and losses of more than USD 2.5 trillion (in PPP).