PAKISTAN-WEATHER/FLOODS

A man pulls his animals while others go to salvage their belongings amid rising flood water, following rains and floods during the monsoon season on the outskirts of Bhan Syedabad, Pakistan.

From drought to floods and sea level rise, the cost of damage caused by climate change will only get higher as the world warms, sparking concerns from both top officials and activists about how to pay for it.

"Loss and damage from the climate crisis is not a future event. It is happening now, all around us," said United Nations Secretary-General Antonio Guterres on a visit to Pakistan, which recently suffered from devastating floods that displaced hundreds of thousands of people and left over a thousand dead.

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