Is the U.S. Ready for the Next Climate-Driven Economic Crisis?
Carnegie Endowment for International Peace
The Global Think Tank.
The rising tide of climate disasters is more than just a headline—it's a precursor to a looming economic storm. With the increasing frequency and cost of extreme climate events, the housing and insurance industries face the growing risk of systemic market failure.?
As climate disasters intensify, the U.S. must rethink its recovery strategy. Sarah Labowitz 's Disaster Dollar Database provides a comprehensive look at federal disaster spending. It reveals delays, inefficiencies, and shortcomings of FEMA and HUD funding—and their overall impact on disaster recovery and resilience.
Understanding this data is vital to preparing the U.S. to face this future climate-driven financial crisis and advance equitable disaster recovery. It helps policymakers, researchers, and communities grasp how federal resources are utilized and highlights areas for improvement.
For more, check out Labowitz’s full findings and data here.
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