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Africa's growth outlook faces fresh climate threat as AfDB warns powerful El Niño could wipe out $20bn, shrink GDP and trigger migration
The African Development Bank warns a powerful El Niño could cost African economies up to $20 billion, reduce GDP by as much as 2% in the hardest-hit countries, fuel migration and threaten food security
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africanews.com
Climate experts say super El Niño will negatively impact African economies | Africanews
The African Development bank says is will likely inflict a combined $10 billion to $20 billion hit on affected countries.
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scmp.com
‘Super’ El Nino: Africa facing mass migration, US$20 billion in damages
A UN report estimated that by 2035 developing countries will collectively need around US$365 billion each year to tackle climate change.
