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The costs to New Yorkers will go beyond the damage to the public’s health and environment; it will hammer our wallets too.
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Climate disasters have become increasingly commonplace and increasingly destructive. The worst year was 2017 where a combination of devastating hurricane and wildfires resulted in $300 billion in damages. But 2025 has been one of the costliest years as well with economic losses of $120 billion spanning four continents.