Climate change is an expensive problem. According to the insurance and risk management firm Aon, economic losses from natural disasters worldwide amounted to $313 billion in 2022 and $380 billion in 2023. The World Bank reported in 2019 that in low-income and middle-income countries, weather-related service disruptions and poor maintenance of infrastructure cost households and businesses between $390 billion and $647 billion a year. As global average temperatures continue to rise, the financial