<p>The indicator measures the economic losses from weather and climate-related events. In addition to the annual figures, a smoothed time-series based on 30-year averages is presented. In line with the climate normal period as defined by World Meteorological Organisation, these 30 years average figures reflect trends excluding the substantial climate variability on shorter time scales due to natural factors. The indicator is based on data from CATDAT of RiskLayer.</p>
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