Rising temperatures lead to increased water vapour in the atmosphere -- about 7 percent per additional degree -- increasing the risk of heavy rainfall in some regions, including Latin America.
The study, produced by private and public institutions, does not include data from 2024, when southern Brazil experienced unprecedented flooding.
“This increase not only highlights the growing frequency of rain-related climate disasters, but also their severity,“ Ronaldo Christofoletti, a researcher behind the report, said in a statement.
The floods particularly affected the agricultural sector, which accounted for 47 percent of economic losses, according to the study.
The 2024 floods -- combined with a historic drought the same year -- drove up food prices, forcing the government to take measures to combat inflation.
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