The State of the Climate in Europe 2022, is the second edition of climate reports published annually by the World Meteorological Organization’s Regional Association for Europe (WMO-RA6) and the European Union's Earth observation programme, Copernicus.

Only $11.5bn (£9.2bn) of climate finance from rich countries in 2020 was devoted to helping poor countries adapt to extreme weather, despite increasing incidences of climate-related disaster, according to this report from the Oxfam.

The Intergovernmental Panel on Climate Change (IPCC), Assessment Report 6 (AR6), stated that the recent climate change is “widespread, rapid, intensifying and unprecedented in thousands of years.” It is further noted: “Climate change is already affecting every region on Earth in multiple ways.

Over two million deaths and $4.3 trillion in economic losses; that’s the impact of a half-century of extreme weather events turbo-charged by man-made global warming, according to this new figure from the World Meteorological Organization (WMO).

Climate change is one of the defining challenges of our time. While the impacts of climate change on people’s well-being can hardly be denied, it may not be as obvious that the impacts could differ by gender.

Extreme weather events and climate change-induced disasters are increasing in frequency and intensity across the globe.

The global mean temperature in 2022 was 1.15 degrees Celsius above the pre-industrial (1850-1900) average, making it the "fifth or sixth" warmest year on record despite the La Nina conditions, the World Meteorological Organisation (WMO) said in this report.

The climate is how the atmosphere behaves over a long period of time (typically defined as at least a 30-year period). Descriptions of the climate inform us about the average weather, as well as other aspects of weather patterns and distribution of meteorological parameters – including anomalous, rare and extreme events.

The costs of disasters and the negative impacts of climate change are rising globally. Record numbers of extreme weather events, exacerbated by climate change, are already costing the world billions of dollars each year. Other threats, including pandemics, geophysical hazards and cyber risks, are adding to this bill.

This report highlights the urgent need to rewire the current financial systems towards (a) de-risking current investments (b) integrating risk reduction into credit allocation and (c) redirecting financial flows towards risk reduction.