Climate Change Impacts and Water Crises among Top Five Risks in 2019, according to WEF’s Global Report

Climate Change Impacts and Water Crisis are among Top Five Risks in 2019, according to the 14th edition of the annual report carried out by The World Economic Forum (WEF).  ‘The Global Risks Report 2019’ evaluates the current global risk landscape and identifies areas for action in 2019.

The report presents the results of the WEF’s latest Global Risks Perception Survey, which surveyed nearly 1,000 decision makers from the public sector, private sector, academia and civil society who identified extreme weather and climate change policy failures as the gravest threats over the next decade. The report urges governments and organizations to address the impact of specific threats and make preparations to contain potential fallout should they occur.

The report lists extreme weather events, “failure of climate change mitigation and adaptation,” and natural disasters as the top three risks in terms of likelihood. In terms of impact, weapons of mass destruction top the list, followed by failure of climate change mitigation and adaptation, extreme weather events, water crises and natural disasters.

The report also finds that risk of infectious disease outbreaks rivals that of climate change, with risks of outbreak increasing significantly over the past 30 years and nearly 200 epidemic events occurring every year since 2011.

The report further describes the ways in which the risks are interconnected and have the potential to affect each other. For example, biodiversity loss in the human food chain affects health and socioeconomic development, with implications for productivity and regional security, among others. Additionally, challenges and risk related to climate change, extreme weather and water stress, for example, require a holistic approach to tackle multiple hazards and build the resilience of basic infrastructure.

You can download the report here

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