New U.S. Strategy Would Quickly Free Billions in Climate Funds

The Federal Emergency Management Agency aims to free up as much as $10 billion to build climate resiliency through existing grant programs through a budgeting maneuver which would count federal COVID spending towards a formula that allocates money towards climate programs, according to an article in the New York Times.

U.S. Disaster Costs Doubled in 2020, Reflecting Costs of Climate Change

A recent article in the New York Times reported that disaster costs from hurricanes, wildfires, and other disasters in the U.S. were $95 billion in 2020, more than double the previous year's costs. These disasters, which reflect the growing impacts of climate change, include California's largest-ever wildfires and a record number of Atlantic storms, including Hurricane Laura.