National Oceanic and
Atmospheric Administration
United States Department of Commerce

El Niño is getting stronger. That could cost the global economy trillions

Thu, 05/18/2023
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A new study found some of the most intense past El Niño events cost the global economy more than $4 trillion over the following years. Mike McPhaden, a senior scientist at NOAA and who was not involved in the research, said the study was “very insightful and provocative.”