A new study estimates that climate-driven wildfires in Canada could impose costs running into the trillions of dollars over the 21st century, with one projection putting the figure above $2 trillion. The research translates future wildfire impacts—driven by climate change—into economic terms meant to be easier for the public to understand.
The report is associated with researchers from Simon Fraser University and is presented as among the first efforts to attach a price tag to projected Canadian wildfire activity that increases with warming. Outlets describe the study’s motivation as helping communicate the long-term stakes of failing to curb global warming. While the articles differ mainly in the emphasis—one highlighting the focus on economic communication and the other stressing the specific “$2 trillion” estimate—they both point to the same broad conclusion: future wildfire impacts could carry very large financial burdens for Canadians.