Cyclone Amphan of 2020 resulted in USD 14 billion financial losses in India: UN report

Cyclone Amphan, which made landfall in May final yr close to the India-Bangladesh border, was the most expensive tropical cyclone on file for the North Indian Ocean, with reported financial losses in India of roughly USD 14 billion, a flagship UN report has stated.
The ‘State of the Global Climate 2020’ report, launched on Monday, stated that excessive climate mixed with Covid-19 dealt a double blow for hundreds of thousands of individuals in 2020.
However, the pandemic-related financial slowdown didn’t put a brake on local weather change drivers and accelerating impacts.
The yr 2020 was one of many three warmest years on file, regardless of a cooling La Nia occasion. The international common temperature was about 1.2 diploma Celsius above the pre-industrial (1850-1900) stage.

The six years since 2015 have been the warmest on file. 2011-2020 was the warmest decade on file.
“This is a frightening report. It needs to be read by all leaders and decision-makers in the world. 2020 was an unprecedented year for people and the planet. It was dominated by the COVID-19 pandemic. But this report shows that 2020 was also another unprecedented year of extreme weather and climate disasters,” UN Secretary General Antonio Guterres stated on the launch of the report compiled by the World Meteorological Organization (WMO).
The report added that with 30 named storms, the 2020 North Atlantic hurricane season had its largest variety of named storms on file.
“Cyclone Amphan, which made landfall on May 20 near the India-Bangladesh border in the eastern Bay of Bengal, was the costliest tropical cyclone on record for the North Indian Ocean, with reported economic losses in India of approximately USD 14 billion,” it stated.
“Large-scale evacuations of coastal areas in India and Bangladesh meant that casualties from Amphan were far lower than the number of casualties from previous comparable cyclones in the region. Nevertheless, 129 lives were lost across the two countries,” it stated.
About 2.4 million folks have been displaced in India, largely in West Bengal and Odisha, and a pair of.5 million have been displaced in Bangladesh as a result of cyclone, it added.
The report additionally famous that India had one among its two wettest monsoon seasons since 1994, with nationally-averaged rainfall for June to September 9 per cent above the long-term common. Heavy rain, flooding and landslides additionally affected the encompassing international locations.
More than 2 000 deaths have been reported throughout the monsoon season in India, Pakistan, Nepal, Bangladesh, Afghanistan and Myanmar, together with 145 deaths related to flash flooding in Afghanistan in late August and 166 deaths related to a landslide at a mine in Myanmar in early July following heavy rain.

During a press convention on the launch of the report, Guterres was requested if he sees a chance of settlement between the world’s main emitters on points reminiscent of fossil fuels and the worldwide carbon market.
“It is my belief that an agreement is possible. That agreement needs to take into account the legitimate concerns of developing countries, but I feel it is perfectly possible to combine, taking into account those concerns and the principle of common and differentiated responsibilities according to national capabilities; but, at the same time, very ambitious targets in order to make sure that we have a carbon market that is not, I would say, climate washing – I mean, that is, indeed, demanding with the objective of reducing emissions. So, I think it is possible, but it requires a commitment from all sides, on one hand, United States, European Union, Japan; on the other hand, Brazil, China, India… I think the agreement is possible, but it requires a serious spirit of compromise,” the UN chief stated.
He stated that each one fossil fuels contribute to local weather change, however coal is the worst, and “so our absolute priority now is in relation to coal to make sure that there are no more coal power plants, that no more international finance for coal,” he stated, including that international locations which can be largely dependant on coal have to have help so as to have the ability to shift from coal to renewable power.
In response to a different query on how the idea of internet zero emissions targets by 2050 reconcile with the precept of Common But Differentiated Responsibilities, Guterres stated there may be want for an settlement on very formidable targets on mitigation, a really robust help to adaptation within the creating international locations and a big effort of solidarity of developed international locations with creating international locations in finance and know-how.

“Today, it is cheaper to produce electricity with renewables than in fossil fuels, and it’s a risk to have developing countries still investing in coal power plants that will be soon stranded assets. We have more and more situations in the world. I believe it’s already the case in countries like India and China in which it is cheaper to create a new solar power plant than just to keep running several of the coal power plants that exist,” he stated.
Guterres famous that the economic system “is on our side; the technology is on our side, but we need the solidarity of developed countries with the developing world to allow, through the principle of Common but Differentiated Responsibilities and taking profit of the national capabilities, to allow exactly for this compromise to be possible.”