Climate Resilience: A Strategic Investment Approach for High-Priority Projects Could Help Target Federal Resources, Statement of Mark Gaffigan, Managing Director, Natural Resources and Environment, Testimony Before the Select Committee on the Climate Crisis, House of Representatives [open pdf - 276KB]
From the Statement of Mark Gaffigan: "Since 2005, federal funding for disaster assistance has totaled at least $450 billion, including a 2019 supplemental appropriation of $19.1 billion for recent disasters. In 2018 alone, 14 separate billion-dollar weather and climate disaster events occurred across the United States, with total costs of at least $91 billion, including the loss of public and private property, according to the National Oceanic and Atmospheric Administration. Disaster costs likely will increase as certain extreme weather events become more frequent and intense due to climate change, according to the U.S. Global Change Research Program, a global change research coordinating body that spans 13 federal agencies. [...] My statement today focuses on (1) the extent to which the federal government has a strategic approach for investing in climate resilience projects; (2) key steps that provide an opportunity to strategically prioritize projects for investment; and (3) the strengths and limitations of options for focusing federal funding on these projects. My statement is based on the findings of our October 2019 report on climate resilience."
Government Accountability Office: http://www.gao.gov/