El Niño 81% Likely to Peak at Highest Level; Brazilian Firms Urged to Shift to Adaptation

NOAA projects an 81% probability that El Niño will reach its most severe category between October and December, driven by abnormal Equatorial Pacific warming and greenhouse gas-heated atmosphere. Brazilian business leaders, per Cebds' Fajardo, are being pressed to move from climate diagnosis to execution as companies face another readiness test for extreme events. The forecast underscores growing private-sector exposure to climate shocks, though the specific operational and financial impacts remain uncertain.