Between 2018 and 2022, weather and climate disasters cost more than $617 billion, it found — a record.
Transportation of food and goods may also be hit by climate events, leading to more delays and shortages on store shelves.
"Food insecurity disproportionately impacts lower-income households, families led by single mothers, families with children, and households in Southern states."
Climate events can also lead to increased medical expenses.
The Treasury report notes that in one analysis from 2012, 10 climate events led to a total of $10 billion in health-related costs.
Persons:
Makatla, Joe Raedle, Graham Steele
Organizations:
U.S . Department of, Treasury, Treasury Department
Locations:
Tarpon Springs , Florida, U.S, Louisiana, Southern