By : Neha Dhyani
Updated : May 30, 2022, 11:30
The Global Climate Risk Index for 2021 analyzes the extent of the vulnerabilities or level of exposure to which a particular place or country gets affected by highly unfavourable weather events in the future, including droughts, floods, storms, cyclones and heatwaves.
Predicting these severe events in advance and warning the region helps them prepare for these devastating events and protect the loss of lives, property, and resources.
Many places witness the change in rainfall and snowfall in the modern era, which is one of the dynamic reasons impacting climate change, resulting in droughts, heavy rain, floods, or severe heat waves. The oceans and glaciers are also experiencing massive changes; the sea level is rising as the glaciers are melting every passing year. Moreover, the ocean's water is becoming acidic, which is a big concern.
This article will help prepare the students for one of the essential topics for the IAS examination, the summary of the Global Climate Risk Index of 2021, and all information you need to know about this topic.
The most adversely affected countries by the impact of weather loss events in 2021 include Zimbabwe, Mozambique, and the Bahamas.
Fetching the data from 2000 to 2019, Myanmar, Haiti, and Puerto Rico were the countries immensely affected by weather-related loss events.
In 2019, the Cyclones and Storms caused significant damage as cyclones hit six countries.
Around 4,75,000 people lost their lives in 19 years, starting from 2000 to 2019, as a direct result of 11000+ weather loss events globally. Besides the loss of so many lives, $2.56 trillion (circa) eroded, restricting the purchasing power all over.
8 out of the 10 most-affected counties, because of unfavourable and extreme weather events in 2019, belong to the lower-middle-income group.
The covid pandemic has proven that risks and venerability are interconnected. Thus, every country must realize and strengthen the resilience of vulnerabilities against different types of risks, be it economic, geophysical, health-related or climatic.
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The Global Climate Risk Index of 2021 uses the economic losses and the data on fatalities to evaluate the impacts on each country. The data is derived from the average ranking in 4 indicating categories, including death toll, total losses, deaths per 100000 inhabitants, and losses per GDP unit.
The formula to calculate the CRI score is:
{(death toll x 1/6) + (deaths per 100000 inhabitants x 1/3) + (absolute losses in PPP X 1/6) + (losses per GDP unit x 1/3)
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It has been perceived that less developed countries are more prone to losses in extreme weather events than industrialized or developed countries.
The Global Climate Risk Index may continue to serve as a red flag because of so many vulnerabilities being witnessed in various parts of the world.
The data for 180 countries are measured and calculated for determining the Global Climate Risk Index of 2021.
'Germanwatch' (The International Environmental Think Tank) presented the results for the Global Climate Risk Index of 2021 and previous years. The report is published every year based on the impacts of socio-economic losses and extreme weather events on countries across the globe.
The countries having the highest Global Climate Risk Index as of 2019 include Zimbabwe, Bahamas, and Mozambique. Countries most prone to natural disasters include Myanmar, Haiti, and Puerto Rico.
The CRI score of India improved from 5th to 7th in the Global Climate Risk Index of 2021. It was 16.67 in 2020.
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