WEF: Climate change is one of the main global risks for businessmen and leaders

3 minutes

By Libelula hace 8 year

views

The World Economic Forum (WEF) is a private, international, independent, not-for-profit organization of business, political and intellectual leaders committed to improving the world.

The WEF organizes conferences in different parts of the world to address current issues of global impact, one of the most important of which is the Davos Forum in Switzerland, in which the CEOs of the world's most influential companies participate and which took place this week. A week before this meeting, the Global Risks Report is published: the study that rigorously evaluates 30 global risks and 13 underlying trends that could aggravate them or alter the interconnections between them, based on surveys and interviews with 1,000 experts around the world.

Risks are divided into five categories:

Economic
Environmental
Geopolitics
Social
Technological

According to the evolution of the top five risks in terms of impact and probability, there is an evident pattern, in which since 2011, problems associated with climate change and the water crisis predominate. For the 59% of global leaders, environmental risks and cybersecurity remain for the second consecutive year the main challenges to be faced this year, according to the Risk Perception Survey.

The environment dominates the global risk landscape. Climate change is a major trend this year. Since 2011, climate change has appeared in the survey as a major concern for respondents. There is evidence that a clear pattern is beginning to emerge: climate change has gained prominence, displacing other categories such as the price of oil.

Since 2017, all five environmental risks in the survey have been ranked as high risk and high probability, with extreme weather events emerging as the top global risk. It shows that we live in a time when global business people and leaders have climate change on their agendas.

In conclusion: Things are changing, the vision of businessmen and world leaders has evolved since 2011. What worries the 1,000 WEF experts about the global environment is no longer just economic, but has to do with issues ranging from global warming to terrorism and the risk of cyber-attacks on a global scale.