In 2020, the world suffered $268 billion in economic losses from weather disasters. In the U.S. alone, NOAA estimates severe weather and climate events cost $98.9 billion in 2020, and a total of $243.3 billion from 2018 to 2020. Credit: NOAA graphic

Weather forecasting has made steady progress during the past several decades, yet the financial costs of extreme weather are staggering and getting worse. Part of the problem is that forecast improvements for the most impactful types of weather, including hurricanes, tornadoes, flooding and winter storms, have been slower to materialize, often resulting in fluctuating forecasts and large uncertainties even at short lead times.

To continue reading this article:

Register now to read
3 free articles this month.

You’ll also receive our weekly Editor’s Choice, SpaceNews This Week and Opinions newsletters. Opt-out at any time.

Sign in to an existing account

Get unlimited access to SpaceNews.com, the SpaceNews app and our digital monthly magazine for less than $5 per week.

$280

Cancel anytime. Sales tax may apply. No refunds. Terms and conditions apply.

See all subscription options

Rei Goffer is the co-founder and chief strategy officer for Tomorrow.io, a weather intelligence and climate security company.