Global Risks Report 2022
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Two years on from the first COVID-19 cases, countries are reporting record infections due to the Omicron variant, but the pandemic pales compared to the long-term risks the world faces from climate change. This is the sobering view of nearly 1,000 risk experts and global leaders in business, government and civil society in the World Economic Forum’s Global Risks Report 2022.
Climate action failure, extreme weather events, and biodiversity loss and ecosystem collapse were considered the top three of the top 10 global risks by severity over the next 10 years in the annual Global Risks Perception Survey (GRPS).
Societal risks make up a third of the global top 10, with societal cohesion erosion and livelihood crises completing the top five, while infectious diseases come lower down at number six.
Climate action failure is also considered the most critical threat to the world in both the medium term (2-5 years) and long term (5-10 years), with the highest potential to severely damage societies, economies and the planet.