LONDON: Only one of the 10 members of the World Economic Forum surveyed expects global recovery to accelerate over the next three years, a poll of nearly 1,000 business leaders, government and academics find, with only one of six optimistic about the worldview.
Climate change is seen as the number one danger by respondents in the WEF annual risk report on Tuesday, while social cohesion erosion, the crisis of livelihoods and mental health setbacks are identified as the most increased risk since the initial Pandemic Covid-19.
“Global leaders must gather and adopt a coordinated multi-stakeholder approach to overcome the global challenges that are unrelenting and build resilience ahead of the next crisis,” said Saadia Zahidi, said the executive director of the WEF.
Extreme weather is considered the biggest risk in the world in the short term and the failure of climate action in the medium and long term – two to 10 years, surveys show.
Agreement at the climate conference u.n.
COP26 in November last year clapped a lot to keep the prospects of life to limit global warming at 1.5 degrees Celsius, but many of the nearly 200 countries want to leave the conference in Glasgow with more.
Climate change has been seen contributing to a more extreme weather pattern.
“The failure to act on climate change can shrink global GDP with the sixth one and the commitment taken at COP26 is still not enough to reach the goal of 1.5 (degrees Celsius),” Peter Giger, Chiup Chief Risk Officer in Zurich Insurance, which helps compilation of reports That, said.
The WEF report also highlights the four fields of risk that emerges – Cybersecurity, irregular climate transitions, migration pressure and competition in space.
The prospect of 70,000 satellites launched in the coming decade, in addition to the tourism room, raising the risk of collisions and increasing debris in space, in the midst of a lack of regulations.
“Who sets up the room?” Carolina Klint said, risk management leader for continental Europe in Marsh insurance brokers who also helped produce reports.
This report is published every year ahead of the annual WEF meeting in Davos.
However, Geneva-based WEF last month postponed the events of January to mid 2022 because of the spread of the Omicron Coronavirus variant.
The report was produced together with Zurich, Marsh McLennan and SK Group South Korea, Oxford and Pennsylvania Universities and National University of Singapore.