Classification of global risks
- Extreme weather events, e.g. floods, storms, etc.
- Failure of climate-change mitigation and adaptation
- Major biodiversity loss and ecosystem collapse, in regard to land or ocean
- Major natural catastrophes, e.g. earthquakes, tsunamis, volcanic eruptions or geomagnetic storms
- Man-made environmental catastrophes, e.g. oil spills, radioactive contamination etc.
- Failure of urban planning
- Food crisis
- Large-scale involuntary migration
- Profound social instability
- Rapid and massive spread of infectious diseases
- Water crises
- Asset bubble in a major economy
- Deflation in a major economy
- Failure of a major financial mechanism or institution
- Failure/shortfall of critical infrastructure
- Fiscal crises in key economies
- High structural unemployment or underemployment
- Illicit trade, e.g. illicit financial flow, tax evasion, human trafficking, organised crime, etc.
- Severe energy price shocks, upward or downward
- Unmanageable inflation
- Failure of national governance, e.g. failure of rule of law, corruption, political deadlock, etc.
- Interstate conflict with regional consequences
- Large-scale terrorist attacks
- State collapse or crisis, e.g. civil conflict, military coup, failed states, etc.
- Weapons of mass destruction
- Adverse consequences of technological advances
- Breakdown of critical information infrastructure and networks
- Large-scale cyber-attacks
- Massive incidence of data fraud/theft
Global risks from a regional perspective
Source: The Global Risks Reports 2016, World Economic Forum
Global risks from climate change to large-scale involuntary migration are becoming increasingly imminent, sometimes in new and unexpected ways. If we want to preserve and save the planet, we need to move beyond risk mitigation to build resilience.
Global risks outlook
The Top Five Global Risks of Highest Concern
For the next 18 months
- Large-scale involuntary migration 52%
- State collapse or crises 27.9%
- Interstate conflict 26.3%
- Unemployment or underemployment 26%
- Failure of national governance 25.2%
For the next 10 years
- Water crises 39.8%
- Failure of climate-change mitigation and adaption 36.7%
- Extreme weather events 26.5%
- Food crises 25.2%
- Profound social instability 23.3%