Lets talk about the expanding bull's-eye effect...

Are the costs of extreme weather events really increasing due to climate change or do other factors account for the cost increase?

How have the costs of natural disasters changed?

Climate alarmists claim that the costs of natural disasters have increased significantly over the past few decades and that this is evidence of the increase in the frequency and intensity of extreme weather events due to climate change. However, cost increases are largely due to a combination of factors such as population growth, urbanization, and inadequate disaster preparedness and response measures.

According to data from the United Nations Office for Disaster Risk Reduction, the economic losses from natural disasters have increased from an average of $50 billion per year in the 1980s to around $200 billion per year in the 2010s. This represents a four-fold increase in economic losses, adjusted for inflation, over the past 30 years.

In addition to the economic costs, natural disasters also have significant human costs, such as loss of life, injury, displacement, and trauma. However, the number of deaths from and people affected by natural disasters has decreased in recent years due to improved early warning systems and disaster management strategies

Source: https://www.ncei.noaa.gov/monitoring-content/billions/docs/billions-risk-mapping-2021-ams-forum.pdf

However, as admitted by NOAA, there are many more factors that could be driving these costs. They state:

The increase in population and material wealth over the last several decades, are an important cause for the rising costs. These trends are further complicated by the fact that much of the growth has taken place in vulnerable areas like coasts, the wildland urban interface or river floodplains (https://www.climate.gov/news-features/blogs/beyond-data/2021-us-billion-dollar-weather-and-climate-disasters-historical)

What is the expanding bull’s-eye effect and what is its role in increasing the costs of disasters?

The expanding bull's-eye effect is a phenomenon that occurs when infrastructure expands outward from the center of a target, rather than remaining fixed on the center. This has been well explained by Stephen M. Strader and Walker S. Ashley who state: