The top five risks to humanity are recently published in the Global Risks Report of the World Economic Forum (WEF).
Top five risks
- An important finding of the report is that today’s younger generation, consisting of “Millenials” born after 1980 have ranked environmental risks higher than other older respondents in the short- and long-terms.
- According to the report, the top five risks by likelihood over the next decade are:
- Extreme weather events like floods and storms
- Failure of climate change mitigation and adaptation
- Major natural disasters like earthquakes, tsunamis, volcanic eruptions and geomagnetic storms
- Major biodiversity losses and ecosystem collapse
- Human-made environmental damage and disasters
Top 5 risks by severity of impact over the next 10 years
- Failure of climate change mitigation and adaptation
- Weapons of mass destruction
- Major biodiversity loss and ecosystem collapse
- Extreme weather events (e.g. floods, storms, etc.)
- Water crises
Top most strongly connected global risks
- Extreme weather events + failure of climate change mitigation and adaptation
- Large-scale cyber-attacks + breakdown of critical information infrastructure and networks
- High structural unemployment or underemployment + adverse consequences of technological advances
- Major biodiversity loss and ecosystem collapse + failure of climate change mitigation and adaptation
- Food crises + extreme weather events
Other risks
- The report also warned about the increasing economic and societal costs due to non-communicable diseases and the lack of research on vaccines and drug resistance to address the threat of pandemics in the recent future.
- “Economic confrontations” and “domestic political polarization” are significant short-term risks in 2020, the report said.
- This is a warning for the global South including India and Africa where social unrest has seen a rise. For example, unrest has grown among India’s youth.
