Global Economy Expected to Sustain $11 Trillion in Damage Due to El Niño - BusinessWorld Online
IFAD says bundled investments and finance can cut farm-income losses nearly in half as drought and price shocks hit simultaneously.
5 Articles
5 Articles
El Niño could cause losses of up to $11 trillion. IFAD calls for coordinated investments to protect crops, income and food.
El Niño could cost global economy $11tn as food systems face mounting shocks, IFAD warns
KEY POINTS MAIN STORY The global economy could lose as much as $11 trillion from the effects of El Niño, with small-scale farmers and rural communities facing prolonged pressure on food production and household incomes, according to a report by the International Fund for Agricultural Development (IFAD) and Türkiye’s Ministry of Agriculture and Forestry. The […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
UN News
Global Diaspora NewsWorld News in Brief: El Niño’s $11 trillion price tag, Mozambique and Yemen updates
The El Niño extreme weather pattern could cost the global economy up to $11 trillion and seriously impact food security, said the UN agency tackling rural poverty in developing countries on Monday.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
