Abstract

This paper provides the first quantitative synthesis of the rapidly growing literature on future tropical and extratropical cyclone damages under climate change. We estimate a probability distribution for the predicted impact of changes in global surface air temperatures on future storm damages, using an ensemble of 478 estimates of the temperature-damage relationship from nineteen studies. Our analysis produces three main empirical results. First, we find strong but not conclusive support for the hypothesis that climate change will cause damages from tropical cyclones and wind storms to increase, with most models predicting higher future storm damages due to climate change. Second, there is substantial variation in projected changes in losses across regions. Potential changes in damages are greatest in the North Atlantic basin, where the multi-model average predicts that a 2.5 °C increase in global surface air temperature would cause hurricane damages to increase by 63 %. The ensemble predictions for Western North Pacific tropical cyclones and European wind storms (extratropical cyclones) are +28 % and +23 %, respectively. Finally, our analysis shows that existing models of storm damages under climate change generate a wide range of predictions, ranging from moderate decreases to very large increases in losses.

Highlights

  • Methods3.1 Normalized relationship between temperature and losses

  • In recent years, an unusually devastating series of super-storms have made landfall along the world’s coastlines

  • The top panel in the figure shows the distribution of effects by study, with each point representing a different combination of geography, methodology, and climate change scenario, and the size of the point representing its weight

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Summary

Methods

3.1 Normalized relationship between temperature and losses. The studies in our dataset use a wide variety of approaches to estimate damages. These range from spatially-explicit simulations of future storm tracks to reduced-form calculations based on the historical temperature-storm damage relationship. In order to combine these heterogeneous studies in a statistical analysis, we use the information contained in each prediction from each study to calculate the implied treatment effect of changes in temperature on losses from storms.

Results
Discussion
Conclusion

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