The U.N. climate summit will take on ‘adaptation, loss and damage’ Monday. Here’s what you need to know. November 07, 2021 Europe IFTTT NYT + NYTimes Climate disasters cause as much as $500 billion in damage each year. Vulnerable countries want wealthy ones to help pay. Europe IFTTT NYT NYTimes Climate disasters cause as much as $500 billion in damage each year. Vulnerable countries want wealthy ones to help pay.