• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 19th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Tourists cool off at a fountain near the Pantheon during a heatwave in Rome, Italy, May 30, 2026. Vincenzo Livieri
Tourists cool off at a fountain near the Pantheon during a heatwave in Rome, Italy, May 30, 2026. Vincenzo Livieri
Home
Sectors
Sustainability

Climate Focus: El Nino heats up on Environment Day

June 5th, 2026 | 13:00 PM SECTORS Sustainability 5

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

US auto safety regulator probes 1.2 million Tesla vehicles over suspension failure risks
Fujimori's mining push could spur unrest in Peru, study says
NHTSA receives complaint related to some Honda minivan air bags
Australia watchdog reviews Big Four audit complaints amid KPMG probe
By Sharon Kimathi

Happy World Environment Day! This year’s theme, “Inspired by Nature. For Climate. For Our Future,” comes at a critical moment as the El Nino weather pattern is forming, and is expected to cause extreme weather around the world this year, according to the World Meteorological Organization.

The WMO said there is an 80% chance that an El Nino event develops between June and August, and a 90% chance it will last until ​at least November. The statement is the clearest signal yet of the likelihood.

Two things make this year's El Nino forecast particularly worrying.

The first is the chance that this year's El ‌Nino - and its impact - will be stronger than usual , defined by sea surface temperatures in the eastern Pacific of at least 1.5 degrees Celsius (2.7 degrees Fahrenheit) above average.

The second cause for concern is climate change . Greenhouse gas emissions have increased the planet's average temperature by around 1.3 C since pre-industrial times.

Typically, regions including southern South America and parts of Central Asia get more rain in an El Nino , while Central America and Australia dry out.

The phenomenon also intensifies heatwaves, including regions far from the Pacific, such as Europe. Click here to ​catch up on Tuesday’s newsletter that focused on Europe’s heatwave.

In fact, dry weather is disrupting crop planting across Asia , raising concerns about food supplies in the world's most populous region, and an expected ​severe El Nino weather pattern could inflict more damage.

From India's grain-producing northwestern plains to Australia's eastern wheat belt, and from Thailand's rice fields to Indonesia's vast palm ⁠oil plantations, hot weather and below-normal rains are hurting crops and forcing farmers to reduce planting, farmers, analysts and traders said.

Click here for the full Reuters article on El Nino’s effect on Asia’s crops.

Climate Buzz

1. FIFA bans reusable bottles at ​World Cup venues citing safety concerns

Looks like attendees of the World Cup won’t be able to stay environmentally friendly, as people will not be allowed to carry reusable water bottles into venues due to safety concerns, FIFA said on ​Thursday, following a last-minute change to its Stadium Code of Conduct.

The move has raised concerns among supporters about coping with heat, with temperatures at a few venues expected to range between 26 and 28 degrees Celsius, as well as access to drinking water inside stadiums.

2. A South Korean beekeeper counts the cost of climate change

The changing climate is making life challenging for beekeepers in South Korea as rising temperatures are shortening seasons, causing flowers to bloom earlier and for shorter periods. The weather changes have ​also brought strong winds, which can make it harder for bees to find their way back to their hives. Click here for an insightful piece on how they are coping with climate change.

3. Japan steps up efforts on ​cooking oil in race for sustainable aviation fuel

Japan is looking to consumers to pool their used cooking oil in a public-private project dubbed "Fry to Fly" , as it scrambles to reach a goal of getting a tenth of airline fuel from sustainable ‌sources by ⁠2030, while the Iran war squeezes energy supply and raises costs for the resource-poor country.

The flurry to collect cooking oil highlights the challenge for the aviation industry, one of the biggest emitters of greenhouse gases, in trying to reduce its carbon footprint.

4. Wheat, waste, sweet potatoes drive Brazil’s ethanol surge

A new wave of biofuel innovation is sweeping Brazil, with developers in unexpected corners of the country's farm sector encroaching on decades of domination by sugarcane producers in ethanol markets, betting on everything from staple crops like wheat or barley to waste products like discarded foodstuffs. Click here for the full Reuters article.

5. Trump directs hundreds of millions of dollars to support coal using emergency ​powers

United States President Donald Trump said he was directing hundreds ​of millions of dollars to support U.S. coal power ⁠plants. Trump invoked the Defense Production Act, a 1950 law granting presidents broad authority over industries deemed critical to national security, to fund $425 million in upgrades to 13 coal-fired power plants and $75 million to support the proposed West Gateway coal export terminal in Oakland, California.

What to Watch

A parasitic fly that eats warm-blooded animals alive has been ​found in a calf in Texas, the U.S. Department of Agriculture said, exposing the nation's cattle herd to a serious new threat. Click here to read the full ​Reuters story or click here to watch ⁠the video.

Climate Commentary

Climate Lens

India solar: Industry groups estimate India’s tougher rules ​for solar and wind projects to tighten its power grid could cut revenue by about 11% for solar projects and as much as 48% for wind farms, fuelling concerns that it could make renewable investments less attractive.

Number of the Week

92%

That’s the rainfall India is forecast to receive ​in June as a share of the long-period average, the weather office said last month, signalling below-average monsoon rains , according to the India Meteorological Department.

  • Topic
  • SUSTAINABLE
  • SWITCH/ (GRAPHIC, NEWSLETTER)
Facebook Twitter Google+ LinkedIn Pinterest
Next article Tracking the World Cup’s heat with Reuters Climate Monitor

Related Posts

Sustainability
July 31st, 2026

US auto safety regulator probes 1.2 million Tesla vehicles over suspensi...

Sustainability
July 15th, 2026

Fujimori's mining push could spur unrest in Peru, study says

Sustainability
July 14th, 2026

NHTSA receives complaint related to some Honda minivan air bags

Sustainability
July 8th, 2026

Australia watchdog reviews Big Four audit complaints amid KPMG probe

Sustainability
July 6th, 2026

French firm Carester to build rare earths separation plant in Malaysia's...

Sustainability
July 1st, 2026

KPMG Australia brings in independent chairman after whistleblower allega...

The Wire
Aug 19th 5 h ago
Government

DOJ argues Comey novel shows he knew ‘86 47’ post was a thr...

Aug 19th 5 h ago
Business

Fed policymakers' inflation concerns increased at July meet...

Aug 19th 5 h ago
Sports

Swiss rider Poncini dies in Manx GP qualifying

Aug 19th 5 h ago
Business

Amazon plans drone delivery expansion to about 500 US local...

Aug 19th 5 h ago
Litigation

Abbott settles appeal over $495 million infant formula verd...

TRENDING ON FINANCETIME
Aug 19th, 2026 Sports

Mets' Jorge Polanco (ankle) to have season-ending surgery

Aug 19th, 2026 Sports

Reports: Phillies sign free agent LHP Nestor Cortes

Aug 19th, 2026 Business

US CFTC seeks comment on compute derivatives as AI demand grows

Aug 19th, 2026 Technology

Payments firm Stripe to buy AI developer platform OpenRouter

Aug 19th, 2026 Government

ABC says intimidation by Trump's FCC forced programming changes

Markets-Sectors
ENERGY -0.16%
FINANCIALS -0.62%
TECHNOLOGY -1.07%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT