There is a more than 95 per cent chance that El Niño conditions will prevail from December 2023 to February 2024, a US government weather forecaster said on Thursday (Aug 10), exacerbating the risks of heatwaves and floods across several countries.
The weather phenomenon, a warming of ocean surface temperatures in the eastern and central Pacific, is already spurring natural calamities across the globe, with the stakes seen higher for emerging markets more exposed to swings in food and energy prices.
The Climate Prediction Center's (CPC) latest outlook was a slight upgrade from July when it forecast a 90 per cent chance of the phenomenon persisting through winter.
Earlier in the day, Japan's weather bureau forecast the chances of an El Nino through the northern hemisphere winter at 90 per cent.