Los Angeles fire damages projected to exceed $50 billion, marking it as one of the costliest wildfires in US history.
Read moreLos Angeles wildfires could result in economic losses totaling up to $57 billion, affecting luxury real estate and prompting evacuations.
Read moreIn 2024, climate disasters cost $229bn and led to 2,000 deaths, highlighting urgent calls for emissions reduction and assistance to affected areas.
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