TS.B.9.2 A growing range of economic and non-economic losses has been detected and attributed to climate extremes and slow-onset events under observed increases in global temperatures in both low- and high-income countries . Extreme weather events, such as tropical cyclones, droughts and severe fluvial floods, have reduced economic growth in the short term  and will continue to reduce it in the coming decades  in both developing and industrialised countries. Patterns of development have augmented the exposure of more assets to extreme hazards, increasing the magnitude of the losses . Small Island Developing States have reported economic losses and a wide range of damage from tropical cyclones and increases in sea level rise . Wildfires partly attributed to climate change have caused substantial economic
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report