TS.B.9 The effects of climate change impacts have been observed across economic sectors, although the magnitude of the damage varies by sector and by region . Recent extreme weather and climate-induced events have been associated with large costs through damaged property, infrastructure and supply chain disruptions, although development patterns have driven much of these increases . Adverse impacts on economic growth have been identified from extreme weather events  with large effects in developing countries . Widespread climate impacts have undermined economic livelihoods, especially among vulnerable populations . Climate impacts and projected risks have been insufficiently internalised into private and public-sector planning and budgeting practices and adaptation finance .  
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report