Infographics reference links

The following source references have been used to create the infographics on general and specific climate risks over the periods shown:

General

• AUS$13 Billion – the amount paid out in climate-related claims since 2019
• AUS$35.2 Billion – annual extreme weather cost by 2050: https://insurancecouncil.com.au/wp-content/uploads/2022/09/20683_ICA_Final_WebOptimised.pdf 
• 240,000 – the number of insurance claims submitted for flood damage events between February and March 2022: https://www.reinsurancene.ws/ica-raises-insured-loss-from-2022-australia-floods-to-5-81bn/

Economic Losses

• Direct losses resulting from natural disasters in 2022 worldwide estimated at $313 billion https://www.preventionweb.net/news/aon-global-insured-losses-disasters-exceeded-130-billion-2022-driven-second-costliest-event# 
• Costliest insurance event on record for Australia: https://www.theguardian.com/australia-news/2022/nov/23/nsw-floods-now-australias-most-expensive-natural-disaster-as-insurance-claims-skyrocket 
• Overall cost to Australia of not meeting the Paris Climate Agreement from now to 2050 is AU$1.19 trillion – https://sustainable.unimelb.edu.au/news/what-are-the-full-economic-costs-to-australia-from-climate-change 
• 3.5% of dwellings in Australia at “high risk” from climate damage – Reserve Bank of Australia research 2020: https://www.mpamag.com/au/news/general/climate-change-could-drive-down-property-prices-rba/310488

Flooding

• 40% of properties in NSW have a moderate or high risk of flooding – Groundsure ClimateIndex 2023
• AUS$9.6 Billion – Total estimated cost of East Coast Flooding 2022 https://www.afr.com/policy/economy/australia-s-floods-were-fourth-most-costly-global-disaster-in-2022-20230110-p5cbhx#. 
• 14.4 Metres – the height of flood water in Lismore CBD, NSW – 28th February 2022: https://www.smh.com.au/interactive/2022/lismore-flooding/

Bushfires

• AUS$4.4 Billion – the cost of the Black Summer bushfires 2019-2020 
• AUS$1.2 Billion – the projected costs of bushfires per year over the next 30 years: Australian National University https://csrm.cass.anu.edu.au/sites/default/files/docs/2020/9/Measuring_the_economic_impact_of_early_bushfire_detection.pdf 
• 11 Million hectares – the amount of land burnt by the Black Summer bushfires 
• AUS$73 Billion – the annual cost for 30 years to restore the native environment https://www.smh.com.au/environment/conservation/homes-in-blue-mountains-most-at-risk-from-bushfires-insurer-says-20200821-p55o0w.html 
• https://www.frontiersin.org/articles/10.3389/fvets.2022.790556/full 
• https://www.soe.epa.nsw.gov.au/all-themes/land/fire 

Coastal erosion

• 35% – the percentage of NSW population that live within 10km of the coastline: Groundsure ClimateIndex 2023
• AUS$25 Billion – worth of property assets exposed to coastal erosion: (Corelogic 2022) https://www.corelogic.com.au/news-research/news/2022/25-billion-in-australian-residential-property-exposed-to-high-coastal-risk 
• 48% – the amount of beaches that experienced coastal erosion during La Nina years between 1984 and 2022: University of New South Wales study, published in the Guardian, Feb 2023: https://www.theguardian.com/australia-news/2023/feb/09/famous-australian-beaches-vulnerable-to-severe-coastal-erosion-caused-by-la-nina#. 
• 900,000+ – the number of properties identified at some level of coastal erosion risk: (Corelogic 2022) https://www.corelogic.com.au/news-research/reports/climate-risk-solutions-measuring-risks-to-coastal-properties