| Sumario: | In human, economic, and environmental terms, the total cost of disaster and crisis response is extremely high, and the disastrous combination of the food price crises coming on the heels of the COVID-19 pandemic and natural calamities is straining public budgets and squeezing financial options. In 2020, private and public losses from weather-related disasters alone exceeded a total of US$258 billion globally — 29 percent above the 2001–2020 average — making it the fifth costliest year on record, and rising temperatures are expected to bring even more frequent and severe extreme weather events. At the same time, conflict has become a leading contributor to humanitarian crisis situations — as seen most recently with the food and energy crises precipitated by the Russia-Ukraine war and refugee flows driven by the Syrian civil war.
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