KEY POINTS MAIN STORY The global economy could lose as much as $11 trillion from the effects of El Niño, with small-scale farmers and rural communities facing prolonged pressure on food production and household incomes, according to a report by the International Fund for Agricultural Development (IFAD) and Türkiye’s Ministry of Agriculture and Forestry. The … Continue reading El Niño could cost global economy $11tn as food systems face mounting shocks, IFAD warns