Business News · All of Kyrgyzstan
UN: El Niño could cost the global economy up to $11 trillion
IFAD warned that El Niño could cost the global economy up to $11 trillion and hit food security. It urges bundled investment in markets, inputs, credit and weather insurance; its modelling shows this cuts farm-income losses by 18.7%, versus 9.8% for insurance alone. Farmers and agribusinesses in…
Source: UN News / IFAD · Published: · Updated:
- When
- Monday, 9 November 2026 · time TBA
- Where
- All of Kyrgyzstan
IFAD warned that El Niño could cost the global economy up to $11 trillion and hit food security. It urges bundled investment in markets, inputs, credit and weather insurance; its modelling shows this cuts farm-income losses by 18.7%, versus 9.8% for insurance alone. Farmers and agribusinesses in Kyrgyzstan may want to plan insurance and sales channels ahead.