El Nino Warning
Business
Finance
September 24, 2026
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Sep 24, 2026 Editorial, News
(Kaieteur News) – The latest warning from the Economic Commission for Latin America and the Caribbean (ECLAC) should cause Guyana to take a much harder look at its preparedness for what could become an exceptionally strong El Niño event.
ECLAC is projecting in a report released on Tuesday potentially serious economic consequences across the region, including slower economic growth, higher food prices, pressure on electricity systems and rising poverty. Under an extreme El Niño scenario, the Commission estimates that the region could suffer cumulative losses of at least two per cent of GDP over three years, with half of that loss occurring in the first year.
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