Failure to Curb Climate Change a Top Risk: Davos Survey

The risk that global efforts to tackle climate change will fail has risen despite concerns about powerful storms, floods, and droughts, a survey released by the World Economic Forum said on Wednesday, days before its annual gathering in Davos.

The annual Global Risks Report, which incorporates the survey, highlighted several top risks for 2019 including massive incidents of data fraud and theft and large scale cyberattacks.

But the top risk by likelihood in the survey was extreme weather, in a survey of 1,000 experts from government, business, academia and non-governmental organizations.  And the risk that failure by governments to limit the magnitude of climate change and adapt to it has risen to second place in terms of both likelihood and impact, compared to only fifth place and fourth place in those categories last year in the survey.

“Of all risks, it is in relation to the environment that the world is most clearly sleepwalking into catastrophe,” said the report.

Read more at Failure to Curb Climate Change a Top Risk:  Davos Survey