At a meeting with leaders of small island nations, President Obama announced on the 1st of December 2015, that the United States will commit $30 billion to climate risk insurance schemes.
Susceptible people will become more buoyant to climate change and risk with this endeavour. The aid aso included the supply of climate data, tools and service.
The financial aid will increase climate risk insurance coverage to assist people to oversee serious climate-related problems. The dilemmas range from escalating droughts, flood and storms to melting glaciers and rising seas.
This summer G7 leaders set a goal to increase the figure initiated by the US government to reach 400 million by 2020. People in the most vulnerable developing countries will therefore be helped by means of climate risk insurance.
A state of emergency was declared on 10 December 2015 by Oregon State Governor. The storms and floods began on 7th December 2015 and covered 13 counties.
Major highways were closed due to days of hazardous weather. High winds knocked out power to thousands. Rainfall caused wide-spread flooding of roadways, homes and properties. This prompted Governor Jay Inslee of Washington to declare a state of emergency on the 9th of December 2015.
At least 58 died in the Black Sea area over the New Year’s week-end. Thousands of Russian tourists were caught out by flood water. Their cars and tents were swept out to sea.
Thousands of British tourists were forced to cancel holidays. One of the worst hit cities was Prague. More than 50,000 people had to be evacuated. This was the most devastating flood for more than a century that threatened to engulf the Czeck capital.
Parts of Mala Strana, the mediaeval area of the city centre, were almost certain to be flood damaged. The deluge forced dams on the river Vitava to open their gates. Prague had not seen the river as high since 1890.
Residents of towns in far southern Illinois anxiously awaited flood waters from the swollen Mississippi River to peak on Sunday (3rd January 2016). The flooding then swamped towns. Numerous businesses had to be shut down.