With an El Niño expected to develop in coming months, new research shows the naturally occurring climate pattern could cost the global economy trillions of dollars as its effects linger over years — a figure much higher than previous estimates that only considered immediate economic tolls.
Democracy Dies in Darkness
El Niño is getting stronger. That could cost the global economy trillions.
A new study found some of the most intense past El Niño events cost the global economy more than $4 trillion over the following years
By Kasha Patel
May 18, 2023 at 4:01 p.m. EDT