Sunday, January 24, 2016

World Economic Forum at Davos:  What Are the Top Global Risks for 2016?

The former US vice-president Al Gore and singer Pharrell Williams are at Davos to launch a year-long campaign, Live Earth, which will deliver a single message to world leaders to reach a binding agreement to tackle climate change (Photograph Credit: Michel Euler/AP) Click to Enlarge.
From the environment to international security and the coming Fourth Industrial Revolution, the World Economic Forum’s Global Risks Report 2016 finds risks on the rise in 2016.

In this year’s annual survey, almost 750 experts assessed 29 separate global risks for both impact and likelihood over a 10-year time horizon.  The risk with the greatest potential impact in 2016 was found to be a failure of climate change mitigation and adaptation. This is the first time since the report was published in 2006 that an environmental risk has topped the ranking.  This year, it was considered to have greater potential damage than weapons of mass destruction (2nd), water crises (3rd), large-scale involuntary migration (4th) and severe energy price shock (5th).

Read more at World Economic Forum at Davos:  What Are the Top Global Risks for 2016?

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