UN Warns El Niño Could Cost African Economies Up to $20 Billion

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UN Warns El Niño Could Cost African Economies Up to $20 Billion

The expected unprecedentedly strong weather phenomenon could shrink African countries' GDP by 1–2%, UN Under-Secretary-General for Humanitarian Affairs Tom Fletcher told reporters in Geneva.

What's at Stake

🟠The climate event will have massive humanitarian consequences, with 50 million people potentially facing worsening hunger, Fletcher warned.

🟠The damage will not be limited to countries directly in its path, he noted, as it will trigger global economic shocks, new conflicts, and forced displacement.

🟠The UN has allocated over $50 million to support 11 vulnerable countries, providing cash assistance to families, protecting crops and livestock, distributing seeds, and preparing communities for floods and droughts.

This follows a warning from the World Meteorological Organization that this year's El Niño could be the strongest in 40 years.

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