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The Global Risks Report 2019
January 21 , 2019
2040 days
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- The Global Risks Report 2019 has been recently released by the World Economic Forum (WEF).
- The report describes changes occurring in the global risks landscape from year to year and identifies global catastrophic risks.
- The Top 5 risks by likelihood as per the latest report are,
- Extreme weather events.
- Failure of climate change mitigation and adaption.
- Major natural disasters.
- Massive incident of data fraud/theft.
- Large scale cyberattacks.
- The Environmental risks dominate the global risks landscape in terms of impact and likelihood for the third year in a row.
- The Global risks are intensifying, but our capacity to respond to them is declining.
- The Geopolitics and geo-economic factors, such as uncertainty and nationalism are fuelling risks.
- The Shorter-term fears are around geopolitical and cyber threats.
- There is a significant financing gap (US$18 trillion) in infrastructure capital.
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