Extreme weather, climate change and cyber attacks are some of the top risks highlighted in the 14th annual World Economic Forum Global Risks, produced in partnership with Zurich Insurance.
In the survey’s 10-year outlook, cyber risks sustained the jump in prominence they registered in 2018, but environmental risks continue to dominate respondents’ concerns beyond the short term. All five of the environmental risks the report tracks are again in the high-impact, high-likelihood category: biodiversity loss; extreme weather events; failure of climate-change mitigation and adaptation; man-made disasters; and natural disasters.
The Global Risks Report 2019 focuses explicitly on the human side of global risks, looking in particular at the role played by complex global transformations that are under way: societal, technological and work-related. A common theme is that psychological stress relates to a feeling of lack of control in the face of uncertainty.
We thank WEF and Zurich Insurance for sharing this report with our audience.