‘The upcoming El Nino event could cost India $1 trillion in losses’
- Posted on June 4, 2026
- By Business News Today
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- 1 min read
‘The upcoming El Nino event could cost India $1 trillion in losses’
An impending El Nino event threatens global economies, with India facing potential losses exceeding one trillion dollars. This climate phenomenon, amplified by global warming, exacerbates extreme heat and disrupts monsoons. Experts urge governments to invest in adaptation measures like improved forecasting, early warning systems, and drought-resistant agriculture.
