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El Niño Could Cost Trillions
The Wall Street Journal warns that the climate phenomenon known as El Niño could cause economic losses amounting to trillions of dollars, particularly for tropical countries, due to rising ocean water temperatures that worsen the impacts of global warming. This phenomenon, which occurs in the Pacific Ocean, triggers global weather disruptions such as floods and droughts, affecting water resources and maritime transport. For example, it hampers ship transit through the Panama Canal, significantly increasing its costs. Studies have shown that the intensity of El Niño has increased by 40% over the past forty years, with predictions that its effects on the climate and the global economy will continue to be substantial. Expected consequences include more frequent droughts and economic problems resulting from changes in atmospheric currents and rising ocean temperatures.
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