Barclays has appeared to highlight “opportunities” to profit from the coming super El Niño – a devastating climate event that could drive a food crisis impacting more than 100 million people – in a note sent by its independent research arm to investors.
Countries across the Global South are bracing for the super El Niño, which is set to pose a critical threat to the world’s 500 million small-holder farmers, while also creating serious health challenges for women and girls.