TREE NEWS update: The World Meteorological Organization confirmed on September 3 that an El Nino event has emerged and is expected to strengthen into a super El Nino within months. The UN agency said there is a near 100% chance the event will peak by end of 2024 and persist until February 2027. UN Secretary-General Antonio Guterres warned the world has entered a ‘danger zone’ for extreme weather, as climate experts note heightened risks due to global warming.
UN weather agency confirms strong El Nino, warns of extreme events
The confirmation of a strengthening El Nino, with near-certain peak likelihood, underscores a multi-year window of elevated climate volatility. This matters beyond meteorology: agricultural supply chains, energy demand, and commodity logistics are directly exposed to such prolonged weather patterns. The UN's 'danger zone' framing signals potential for coordinated policy responses, but the open question is how markets will price in the extended duration and compounding effects with existing warming trends. Watch for shifts in weather-sensitive sectors as the event evolves.
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