Scientists worry: a new climate phenomenon will have a big impact on the world economy

Scientists worry: a new climate phenomenon will have a big impact on the world economy
  • 2
  • 22.05.2023 07:56:00
  • 1 min read

According to a study conducted by scientists, the world economy may lose 3 trillion dollars due to the El Nino phenomenon expected to occur this summer.

It was reported in the journal Science.

According to the publication, El Nino is a natural phenomenon that causes the equatorial part of the Pacific Ocean to warm up to three degrees above normal.

According to scientists, this phenomenon can limit the economic growth of countries, and it will take years to eliminate its consequences.

The warming associated with the event is expected to begin in the coming months. The publication writes that the probability of its occurrence increases by 35% in May-July, and 55% in June-August.

According to meteorologists, El Niño, which is expected to develop in the summer, is close to the maximum, which will aggravate the drought and seriously threaten the rice harvest in the Indian Peninsula, especially in Thailand, which is the second largest exporter of rice in the world.

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