Recent years have seen many extreme weather events, including a number of 'floods of the century' and the hottest year on record. While climate variability is a natural phenomenon, there are indications that the human footprint on the climate system is becoming increasingly visible. However, many climate scientists think that recent weather extremes are consistent with climate change predictions. . The insurance industry has few doubts that the frequency and intensity of natural catastrophies have increased. The human suffering and economic damage caused by recent extremes demonstrates that the risks associated with climate change are great.
Precautionary action is needed sooner rather than later.
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