Consequences of the 2024 Fires in the Amazon: A Rapid Valuation of Damages
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Washington, DC: World Bank
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The year 2024 was one of the most active years for fires in recent history across the Americas, highlighting the growing influence of climate change on fire behavior, frequency, and intensity. In the second half of the year, several regions in South America including in the Amazon were significantly affected by persistent fires. These fires had devastating consequences, including a significant deterioration in air quality. This report presents a rapid valuation of damage caused by fires in the Amazon during 2024, which saw an unprecedented surge in fires throughout the region, underscoring how climate change is increasingly shaping the patterns, frequency, and severity of such events. The aim of this report is to highlight the significant economic impacts of fires to raise awareness of the need to improve fire management through more efficient policies and the allocation of greater financial resources. This work does not aim to determine the causes of the fires. It focuses solely on assessing the damage for 2024.
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AMAZON FIRES, FIRES, CLIMATE CHANGE, THE AMAZON, ECONOMIC IMPACT OF FIRES, CAUSES OF FIRES, PERSISITENT FIRES