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Peru announces $1bn in climate spending to contain Impacts of El-Niño-related weather events

by Segun Ogunlade March 24, 2023
written by Segun Ogunlade March 24, 2023
652

As parts of efforts to prevent and contain adverse impacts stemming from climate change and El Niño-related weather events, a senior government official in Peru announced that the government will spend some $1.06 billion on climate and weather measures.

Economy Minister Alex Contreras made the announcement during a Cabinet meeting with President Dina Boluarte on Thursday, emphasizing “significant risks” from climate events that could hit the country’s economic health.

El Niño is a climate pattern in the Pacific Ocean that affects weather, and it has been predicted that it will likely contribute to heavy rainfall and potential flooding expected in Peru from April.

Read also: Hundreds flee homes after wildfire hit eastern Spain

According to Contreras, recent downpours and flooding that followed powerful cyclone Yaku caused more than $300 million in damages to infrastructure in the country, and the spending plan will focus on regions where the greatest climate effects are expected, with disbursements set to begin in the coming weeks.

Earlier this month, the ENFEN government agency that studies El Niño issued a coastal alert due to what it described as an unexpected increase in Pacific Ocean surface temperatures.

During the Cabinet meeting, Prime Minister Alberto Otarola said the expected warming will probably continue through July, with above-normal rainfall likely in April and June.

Peru has suffered major weather-related catastrophes in recent years.

In 2017, El Niño-related weather was blamed for at least 162 dead along with severe damage to infrastructure including roadways and bridges equivalent to 2% of the country’s economy, according to official data.

Story was adapted from Reuters.

Climate changeEnvironmentPeru
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