Wall Street Journal: El Niño risks trillion-dollar economic impact
The "Wall Street Journal" article reveals that the climate phenomenon "El Niño" could cause economic losses estimated in the trillions of dollars, with tropical countries bearing the largest share of the repercussions. This phenomenon, which leads to rising sea surface temperatures in the Pacific Ocean, results in severe climate disruptions such as floods and droughts. These events threaten food security and impact sectors like transportation and logistics, causing the cost of crossing ships through the Panama Canal to rise to approximately $2.5 million. Studies indicate that the intensity of the phenomenon has increased by 40% over the past forty years and is linked to seasonal shifts between "El Niño" and "La Niña," leading to periodic droughts and heavy rains worldwide.
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