Climate change, deforestation, invasive pests and disease all threaten to permanently wipe out nearly 40% of the earth's trees, according to a new assessment by the International Union for the Conservation of Nature (IUCN).

The organization, comprised of 1,400 member organizations worldwide and 16,000 experts, said more than one in three tree species across 192 countries is now facing extinction, especially trees found on islands.

The IUCN said island trees are at particular risk because of deforestation for new development and agriculture, as well as the other threats faced by tree species across the globe.

Since 1964, the IUCN has hosted its " Red List," a database of threatened species from around the world. The research group found that 16,425 of the 47,282 tree species on their list are at risk of extinction -- more than 2,000 of which are used for medicines, food, and fuels.

"Trees are essential to support life on Earth through their vital role in ecosystems, and millions of people depend upon them for their lives and livelihoods," said Grethel Aguilar, IUCN director general, in a statement.

According to their analysis, "the number of threatened trees is more than double the number of all threatened birds, mammals, reptiles and amphibians combined."

The group is calling for more habitat protection and restoration to protect these species and the creation of seed banks and botanical gardens to ensure they don't disappear forever.

“The significance of the Global Tree Assessment cannot be overstated, given the importance of trees to ecosystems and people. We hope this frightening statistic of one in three trees facing extinction will incentivize urgent action and be used to inform conservation plans,” said Eimear Nic Lughadha from the Royal Botanic Gardens, in a statement.

-ABC News Climate Unit's Matthew Glasser

The health and economic costs of climate change are rising worldwide, according to the newly released 2024 Lancet Countdown, a yearly report hosted by University College London and involving more than 300 researchers.

According to the report, "Of the 15 indicators monitoring climate change-related health hazards, exposures, and impacts, ten reached concerning new records in their most recent year of data."

With global communities facing an additional 50 days of "dangerous heat," heat-related deaths among older adults increased by a record-breaking 167% in 2023 compared to the 1990s, according to the report's findings.

In addition to the heat impact, the Lancet report found that climate change is significantly worsening food insecurity, with 151 million more people facing shortages compared to previous decades. And more than 3 million people died in 2021 because of air pollution and fine particulate matter.

The researchers also found that global extreme weather costs have increased by 23% from 2010-14 to 2019-23, amounting to $227 billion annually.

-ABC News Climate Unit's Kelly Livingston and ABC News Medical Unit's Sony Salzman

From carving jack-o-lanterns to baking pies, pumpkins are a staple of fall festivities and Halloween. According to the USDA, American farmers produced more than 1.6 billion pounds of pumpkins last year.

But what happens to all those pumpkins after the trick-or-treating and hayrides are done? The ones that aren't turned into food end up at a local landfill and decompose into methane, a potent greenhouse gas that is contributing to climate change.

In the U.S., food is the most common material sent to landfills, making up 24% of municipal solid waste. The EPA estimates that food waste, including pumpkins, is responsible for 58% of fugitive methane emissions from municipal solid waste landfills.

There are alternatives, however, to throwing out your pumpkins and other organic decorations like hay, cornstalks and leaves. But before you get started, make sure these materials are free of paint, coating and any nonorganic compounds. Those should be discarded in the trash.

Composting is an excellent option if your pumpkin doesn't have any of those alterations. This can be done in your backyard or at a local community-based composting program. Just make sure you remove the seeds or your compost could turn into a pumpkin patch. To speed up the composting process, you can break your pumpkin into little pieces before spreading it into your garden. Unlike landfills that trap waste, bacteria in your backyard release very little methane when they break down organic material.

If you don't want to compost it at home, look for local events and nonprofits, like Pumpkins for the People, that collect used pumpkins for farms and community composting. Some zoos and local farms also accept pumpkins and use them to feed their animals.

Besides composting, you can also chop up your pumpkin and leave it out for local wildlife to enjoy. The Nature Conservancy says that many animals, from squirrels to porcupines, enjoy feasting on this fall treat. But you should ask for permission before leaving it at a park or a managed open space like a state or national park, as some discourage this practice.

You could turn your pumpkin into a temporary bird feeder and leave the pumpkin seeds for birds completing their migration journey. You can also plant the pumpkin seeds. According to the National Wildlife Federation, the blooming flowers of the pumpkin plant provide a great source of nectar for certain bee species and insects.

-ABC News meteorologist Dan Peck and ABC News Climate Unit's Matthew Glasser

The weather phenomenon responsible for the extreme rainfall and flooding in Valencia, Spain, isn't rare or even uncommon. It was also well forecasted in the days leading up to the storm.

The Mediterranean region, including parts of eastern Spain, is frequently affected by heavy rainfall and significant flash flooding events. This recent disaster saw a year's worth of rainfall in just eight hours. In September 2019, the same region saw 12 to 18 inches of rain in 48 hours.

What's responsible for these events is a weather system known as a cut-off low. This happens when a low-pressure area is separated from the primary airflow.

Cut-off lows are common and can happen at any time of the year, anywhere in the world. When there is an extended stretch of cloudy, damp, and dreary weather, this is often related to a cut-off low.

However, the slow-moving nature of a cut-off low can set the stage for devastating extreme rainfall events when it interacts with other favorable factors, like the warm waters of the Mediterranean Sea and nearby mountains. Because it is slow-moving, it can quickly pound areas with relentless rounds of heavy rain, resulting in significant flooding.

In Spain, these weather events are often called a "gota fría," which translates to "cold drop." But that term doesn't tell the whole story. What happened in Valencia wasn't caused by a sudden cold blast sweeping across the region but by the unique characteristics of a cut-off low.

That's not to say that cold air in the atmosphere doesn't play a role in enhancing the precipitation. It does bring more frequent rounds of heavy rain. As the system pushes the colder air over the very warm waters of the Mediterranean Sea, it helps trigger and enhance areas of heavy rain.

Because the low-pressure system moves very slowly, it keeps sending waves of heavy rain over the same areas for an extended period, bringing extreme rainfall totals and catastrophic flash flooding.

The nearby mountains also likely enhanced the precipitation and impacts. Plus, the infrastructure in the Valencia region, like many municipalities, isn't built to handle this amount of rainfall. Add in all of those factors, and you get catastrophic flash flooding.

What role, if any, does climate change play in these extreme weather events?

Climate attribution science will look at how much worse the rain was because of human-caused emissions, but we know that human-amplified climate change is supercharging the water cycle, bringing heavier rainfall and related flood risks. More intense extreme rainfall events increase the frequency and scale of flash flooding as the influx of water is more than the infrastructure of many municipalities was built to handle.

According to the U.S. Government's Fifth National Climate Assessment, human-amplified climate change is contributing to increases in the frequency and intensity of the heaviest precipitation events. So, in a way, we are all making it rain more.

-ABC News meteorologist Dan Peck and ABC News Climate Unit's Matthew Glasser

Climate change is making it more expensive for many Americans to insure and protect their homes and property. That's the finding of a two-year investigation by the Senate Budget Committee.

"Climate change is no longer just an environmental problem, is our conclusion here — it is an economic threat," Sen. Sheldon Whitehouse (D-R.I.), chairman of the Senate Budget Committee, said during a hearing on Wednesday. "And it is an affordability issue that we should not ignore."

The final hearing coincided with the release of a report from the committee detailing how extreme weather events made more severe by climate change is driving increasing both insurance policy non-renewal rates and premium costs across the country.

"The data released with this report demonstrate climate change beginning to upend insurance markets around the country," the report reads.

Benjamin Keys, a real estate and finance professor at the University of Pennsylvania's Wharton School, testified before the committee, saying, "Both affordability and accessibility issues have reached a crisis point in many communities around the country."

He explained that the data shows the rate of policy non-renewals have almost doubled since 2020.

"The most striking pattern from the data is that both premiums and non-renewal rates are higher in markets with more disaster risk," Keyes said.

"Insurers are responding to larger realized disaster losses, better data and risk models and growing reinsurance costs," Keys explained. "Some of the largest insurance companies have exited markets, deciding that they cannot charge premiums that adequately reflect this growing risk."

Ranking member Sen. Chuck Grassley (R-Iowa) expressed disappointment that the committee spent so much time on this issue. However, he said he agrees that "climate change is a serious issue meriting discussion."

"I remain convinced that the budget committee should be focused on the immediate fiscal problems facing our country," Grassley said.

"The climate crisis that is coming our way is not just about polar bears. It's not just about green jobs. It actually is coming through your mail slot in the form of insurance cancellations, insurance non-renewals and dramatic increases in insurance costs," Whitehouse said while closing the hearing.

-ABC News Climate Unit's Kelly Livingston