Global Leaders Name Climate Crisis World’s Biggest Risk

Climate Crisis Is Top Risk Facing World for Next Decade: World Economic Forum Survey

Alessandra Migliaccio (with Samuel Dodge, Demetrios Pogkas, Kailey Leinz, Matthew Miller and Craig Stirling), January 11, 2022 (Insurance Journal)

“…[Officials and business leaders surveyed for the World Economic Forum Global Risks Report for 2022 see] climate change and rising social tensions, alongside the pandemic, among their top risks…

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Only one in six survey respondents from government, civil society and commerce described their outlook as optimistic, while just one in 10 thinks worldwide economic expansion will pick up speed…Worries over climate-transition failures and extreme weather conditions are among the biggest concerns, particularly in the next five to 10 years…

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Short-term fears include health and social cleavages caused by COVID-19, while economic and debt-related issues are cited as medium-term dangers…Respondents would like greater coordination among leaders to try to solve the world’s problems, even as diverging recoveries from the crisis threaten cooperation…” click here for more

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