While extreme weather events have their most significant impact on poorer vulnerable countries, rich countries are experiencing the effects of climate change to an increasing extent. The exposure and vulnerability of countries to extreme events are indicated by the Global Climate Risk Index (CRI) published by Germanwatch. This focusses on both fatalities and economic losses. Perhaps surprisingly, some of the world's richest countries appear high on that list. For instance. For the year 2018, Germany, Europe's most prosperous country, was ranked third on the CRI scale, Japan and The Philippines filling slots one and two respectively.
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