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Developing nations face triple shock from energy crisis, El Niño and borrowing costs, UN warns

UN’s development arm calls for urgent action as crises could ‘throw tens if not hundreds of millions back into poverty’ Developing countries face a triple shock from the energy crisis, El Niño and surging borrowing costs and need urgent support from the international community, t…

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Executive Takeaways & Key Facts

  • ✓Developing nations face triple shock from energy crisis, El Niño and borrowing costs, UN warns
  • ✓UN’s development arm calls for urgent action as crises could ‘throw tens if not hundreds of millions back into poverty’ Developing countries face a triple shock from the energy crisis, El Niño and surging borrowing costs and need urgent support from the international community, the UN’s development arm has warned.
  • ✓Follow The Guardian for updates as this story develops.

What we know

UN’s development arm calls for urgent action as crises could ‘throw tens if not hundreds of millions back into poverty’ Developing countries face a triple shock from the energy crisis, El Niño and surging borrowing costs and need urgent support from the international community, t…

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