Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

Climate Change: Opportunities to Reduce Federal Fiscal Exposure

  Premium   Download PDF Now (21 pages)
Report Type Reports and Testimonies
Report Date June 11, 2019
Release Date June 11, 2019
Report No. GAO-19-625T
Summary:

There were 14 separate billion-dollar weather and climate disaster events in the U.S. in 2018—with a total cost of at least $91 billion. These costs will likely rise as the climate changes, researchers say. The federal government’s fiscal exposure from climate change is on our High Risk List.

We testified about potential budget impacts from climate change and how the government can reduce fiscal exposure, among other things. Climate change could damage federal property and increase the cost of disaster aid and some property and crop insurance. One way to reduce fiscal exposure is to establish federal strategic climate change priorities.

Examples of Potential Economic Effects of Climate Change by 2100

Map showing economic costs and benefits such as increased wildfires and decreased cold-related mortality

Map showing economic costs and benefits such as increased wildfires and decreased cold-related mortality

« Return to search Government Accountability Office reports