Extreme El Nino Could Cost 2 Pct of GDP in LatAm, Caribbean: Report
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14 Articles
According to the agency's estimates, the impact of this meteorological phenomenon on the economy and household income could increase poverty by up to 4.8 million additional people by the end of the decade compared to a scenario without El Niño.
A special report by ECLAC warns that an extreme El Niño phenomenon could lead to a loss of 2% of regional GDP and increase poverty. El Niño’s extreme event entry would add 4.8 million people to poverty, Cepal warns was first published in La Voz de Michoacán.
www,finanzasdigital.com An extreme El Niño event, known as Super El Niño, would cause a cumulative loss of at least 2% of Latin America's GDP and... The post Cepal warns that a Super Niño would cut 2% of regional GDP appeared first on Digital Finance.
A special report by ECLAC estimated that an extreme episode of El Niño could cost at least 2% of regional GDP in three years and add up to 4.8 million poor by the end of the decade. Argentina’s north is among the areas most at risk of water excesses, with effects on food production and prices.
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