For those business continuity and risk management planning teams always looking for objective approaches to measuring risk and risk mitigation economic evaluation efforts, our staff recommends viewing the National Oceanic and Atmospheric Administration (NOAA)’s Satellite and Information Services affiliated website – the National Climatic Data Center (NCDC) — where a depository of information about U.S. weather/climate related disasters has been organized.
The National Climatic Data Center (NCDC) is the “Nation’s Scorekeeper” in terms of addressing severe weather/climate events in their historical perspective. As part of its responsibility of “monitoring and assessing the climate,” NCDC tracks and evaluates climate events in the U.S. and globally that have great economic and societal impacts. NCDC is frequently called upon to provide summaries of global and US temperature and precipitation trends, extremes, and comparisons in their historical perspective.
The U.S. has sustained 112 weather/climate related disasters over the past 31+ years in which overall damages/costs reached or exceeded $1 billion. The total standardized losses for the 112 events exceed $750 billion – and those Billion Dollar U.S. Disaster costs have now been adjusted to 2011 dollars using the Consumer Price Index (CPI) – along with many helpful info graphic presentations — ready to be incorporated into those business continuity plans, disaster preparedness awareness and training presentations, or risk management and mitigation evaluation efforts.
Estimates are periodically updated as more data/information becomes available. Sources include the National Weather Service, the Federal Emergency Management Agency, US Department of Agriculture, other U.S. government agencies, individual state emergency management agencies, state and regional climate centers, media reports, and insurance industry estimates.
Click here to get connected with this valuable resource of weather/climate related disaster information now available on the National Climactic Data Center website.