'Danger zone of extreme weather': UN warns of supersized El Niño set to hit global economy and markets

Latest modeling shows high risks of floods, drought and extreme heat persisting until February 2027.

'Danger zone of extreme weather': UN warns of supersized El Niño set to hit global economy and markets

TL;DR

  • El Niño is intensifying into a 'supersized' phenomenon expected to last until February 2027.
  • The event raises the risk of floods, droughts, and extreme heat worldwide.
  • Countries in Asia-Pacific and Latin America are likely to face the immediate brunt, with global impacts on commodities and energy.
  • Specific examples include crop losses in Guatemala, Honduras, and El Salvador, wildfires in Indonesia, and impacts on India's monsoon season.
  • Extreme weather is predicted to affect energy generation, demand, and production across various sources.
  • Sea surface temperatures in the tropical eastern Pacific are well above the long-term average, with exceptional warmth also detected below the surface.