Blog Business Entertainment Environment Health Latest News News Analysis Opinion Science Sports Technology World
Greatest threats to mankind according to World Economic Forum

The 16th edition of Global Risk Report published by the World Economic Forum looks back at an year wrecked by a pandemic, economic slowdown and the ever hovering threat of Climate change. It talks about what can be done by Governments and Businesses in their road to recovery. The Global Risks Report 2022 is an interpretation of the Global Risks Perception Survey (GRPS) conducted by World Economic Forum. It is an analysis of “key risks emanating from current economic, societal, environmental and technological tensions” according to its preface.

Among the top threats lies, not surprisingly so, the climate change. The report claims that climate-related risks are the greatest concerns in terms of impact. Five of the top 10 global risks are all environment or climate-related. The inadequate climate mitigation action proves to be the reason and cause of a global threat to mankind.

The report has given enough space to discuss the growing digital dependency in the wake of the pandemic. It says digital divide and inequality will only grow in the next ten years. The risks of cybersecurity are predicted to be heightened and to linger long after the pandemic is gone.

The report warns that the economic fallout due to pandemic and the recovery thereafter will be uneven and volatile in some cases. The experts in this global survey are not too optimistic about acceleration in recovery. The report documents that only one in ten experts believe that Global and equitable recovery will be achieved anytime soon.

On risks that have deteriorated since the pandemic began, it identified livelihood crises, mental health problems, social cohesion erosion, and extreme weather as the top contributors .

On India, the report said that, debt crises, fracture of interstate relations, widespread youth disillusionment, digital inequality, failure of technology governance are among the top risks for the Indian economy. The report further provides proofs of geopolitical tensions spilling over economy in the form of India and Japan putting up protectionist trade policies during the pandemic.


Share This Post On

Tags: #Climatechange #WorldEconomicForum #GlobalRiskIndex2022


Leave a comment

You need to login to leave a comment. Log-in
TheSocialTalks was founded in 2020 as an alternative to mainstream media which is fraught with misinformation, disinformation and propaganda. We have a strong dedication to publishing authentic news that abides by the principles and ethics of journalism. We are a not-for-profit organisation driven by a passion for truth and justice in society.

Our team of journalists and editors from all over the world work relentlessly to deliver real stories affecting our society. To keep our operations running, we depend on support in the form of donations. Kindly spare a minute to donate to support our writers and our cause. Your financial support goes a long way in running our operations and publishing real news and stories about issues affecting us. It also helps us to expand our organisation, making our news accessible to more everyone and deepening our impact on the media.

Support fearless and fair journalism today.