قالب وردپرس درنا توس
Home / Insurance / Environmental risks are the biggest long-term global threat: WEF

Environmental risks are the biggest long-term global threat: WEF



Societal and environmental risks are expected to be the most worrying global challenges over the next five years, but over a longer 10-year horizon, environmental risks pose the three most critical long-term threats to the world, according to the World Economic Forum's global risk report released on Tuesday. ] Respondents to the 17th edition of the Global Risk Perception Survey and the report said that "climate action errors", "extreme weather events" and "loss of biodiversity" are ranked as the three most serious risks in the next 10 years, with "debt crises" and "geoeconomic confrontation" rounding out the top five.

The WEF also said in a statement with the report that they expect the global economic recovery to be volatile and uneven over the next three years.

"Health and economic disruption exacerbates social divisions .. creates tensions at a time when cooperation within societies and between the international community will be fundamental to a a smoother and faster global recovery, said Saadia Zahidi, Executive Director of the WEF, in the statement.

The last two years have seen an increase in "erosion of social cohesion", "livelihood crises" and "mental health deterioration", which has worsened since the pandemic began, the report states.

Only 1

6% of respondents feel positive and optimistic about the outlook for the world, and only 11% believe that the global recovery will accelerate, and most respondents say that the next three years can suffer from either consistent volatility and multiple surprises or broken paths that will separate relative winners and losers. The respondents cited risks such as "digital inequality" and "cybersecurity failure" as critical threats to the world in the short and medium term. That these risks fell back in the rankings in the long run and that no one seems to be among the most potentially serious, signals "a possible blind spot in risk perceptions", according to the report.

"When companies recover from the pandemic, they are rightly sharp With its focus on organizational resilience and environmental, social and governance credentials, with cyber threats now growing faster than our ability to eradicate them permanently, it's clear that neither resilience nor governance is possible without credible and sophisticated cyber risk management plans, says Carolina Klint, Risk Management Manager , Continental Europe, for Marsh LLC, in a press release, the statement with the report.


Source link