Caribbean bears brunt of £43bn climate-fuelled damage to developing islands

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Guardian Business

Caribbean bears brunt of £43bn climate-fuelled damage to developing islands

Findings can inform conversations about global climate reparations and financing for mitigations, researchers say Caribbean nations suffered $53.2bn (£40bn) of damage from climate-fuelled disasters between 2000 and 2024, research into the cost of the climate crisis to developing small islands has found. The figure is more than 90% of the total $57bn in economic damage caused by floods, storms and drought across 39 de…