The Global Risks Report 2022 - 17th Edition I N S

This report continues to leverage the collective intelligence of an expanding community of the world’s foremost risk experts, convened by the World Economic Forum’s Global Risks Practice: the Global Risks Report Advisory Board, the Chief Risk Officers Community and the Global Future Council on Frontier Risks, as well as a series of consultations with regional and thematic experts from the public a. [...] the health of the planet dominates concerns: environmental risks are perceived to be the five most The resulting global divergence will create tensions— critical long-term threats to the world as well as the within and across borders—that risk worsening the most potentially damaging to people and planet, pandemic’s cascading impacts and complicating the with “climate action failure”, “extreme weat. [...] In some countries, rapid vaccine rollout, successful digital Respondents to the GRPS rank “climate action failure” transformations and new growth opportunities could as the number one long-term threat to the world and mean a return to pre-pandemic trends in the short term the risk with potentially the most severe impacts over and the possibility of a more resilient outlook over a the next decade. [...] GRPS respondents identified on the Pacific in response, most recently “geoeconomic confrontations” as a critical with the Australia-UK-US security pact medium- and long-term threat The Global Risks Report 2022 17 to the world, and the most potentially The economic crisis created by the severe geopolitical risk for the next COVID-19 pandemic risks delaying efforts decade (see Figure 1.3). [...] When it review the emerging global context and comes to business and industry, even read the deep dives, this report invites enterprises with the financial room them to consider the behaviours and to manoeuvre sometimes struggle to actions of specific stakeholders and to deliver on environmental, social and consider the consequences for a range governance (ESG) commitments while of risk outcomes,.