Super El Nino to Cost Africa $20 Billion and Trigger Mass Migration
The African Development Bank's top climate expert, Anthony Nyong, warned that an impending 'super' El Nino could cause $10-20 billion in damages across Africa and trigger mass migration from hard-hit areas. Forecasters predict this El Nino could become one of the strongest ever if Pacific Ocean warming continues. The event threatens food and water security, government finances, and banking sectors, potentially reducing GDP by 1-2% in heavily affected countries. Nyong's estimate is the first from a major multilateral development bank regarding El Nino. The AfDB's May forecasts predicted 4.2% economic growth for Africa in 2025 and 4.4% in 2027, but these did not account for the super El Nino. A UN report estimated developing countries will need $365 billion annually by 2035 to tackle climate change.
Key facts
- Super El Nino could cause $10-20 billion in damages in Africa
- Mass migration expected from hard-hit areas
- Anthony Nyong is AfDB's director for climate change and green growth
- El Nino could be one of the strongest ever seen
- GDP reduction of 1-2% in heavily affected countries
- AfDB predicted 4.2% growth for Africa in 2025, 4.4% in 2027
- UN report: developing countries need $365 billion annually by 2035 for climate change
- First estimate from a major multilateral development bank on El Nino
Entities
Institutions
- African Development Bank
- United Nations
Locations
- Africa