One of the most powerful El Niños on record cost the world economy $5.7 trillion. The 2026 cycle might be even stronger
AI Summary
The latest El Niño, one of the strongest ever recorded, wreaked havoc on the global economy, costing an estimated $5.7 trillion. This climate phenomenon led to higher food prices, disrupted trade, and triggered what experts are calling a "systemic shock." With predictions suggesting the 2026 cycle could be even stronger, the world is bracing for potentially more severe impacts, raising alarms about long-term economic stability and the urgent need for sustainable agricultural practices.
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