Volume 4, Issue 1, January 2020
This paper connects climate change and hydrometeorological
calamities based on econometric evidence that links atmospheric CO2
accumulations to floods and storms. The study uses climate data from 155
countries, with a period spanning 46 years (1970–2016) and adopted a
statistical and econometric approach to assess the factors that have
contributed to the increase in the frequency of intense flood and storm events.
Findings showed that the number of climate disasters could double in less than 21
years, and thus severely damage the environment, socioeconomic progress, and
welfare of millions of people worldwide.