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HomeNewsEnvironmentGlobally, wildfires cost USD 50 bln every year; AI can help fight them: WEF

Globally, wildfires cost USD 50 bln every year; AI can help fight them: WEF

The US has experienced around 1.5 million wildfires since 2000 while in Australia, more than 3 billion animals were killed or displaced in the 2019-2020 bushfire season.

January 16, 2023 / 19:59 IST
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The average annual global cost of wildfires is around USD 50 billion, the World Economic Forum said on Monday as it pitched for use of artificial intelligence in fighting them and containing carbon emissions caused by such tragedies.

In a report released on the first day of its five-day annual meeting, WEF said that global wildfires in 2021 released an estimated 6,450 mega tonnes of CO2 into the atmosphere.

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The US has experienced around 1.5 million wildfires since 2000 while in Australia, more than 3 billion animals were killed or displaced in the 2019-2020 bushfire season.

This devastating trend is set to continue, affecting lives and livelihoods the world over, WEF said while citing data from the World Meteorological Organisation, which predicts an increase in extreme fires globally of up to 30 per cent by 2050.