PLEA Network

19 January 2018, World Resource Institute. Global Environmental Risks Are Keeping Davos Leaders Awake at Night. As movers and shakers — reportedly including President Trump – fire up their private jets to travel to Switzerland for the annual World Economic Forum (WEF) in Davos, the Forum issued its annual Global Risks Report. For more than a decade, the report has been surveying the WEF’s network of business, government and civil society leaders, asking them to rank global risks based on both their impact and likelihood. In short, the report asks what keeps the global elite awake at night. The answer? Mounting environmental threats. 2 Takeaways from the Global Risks Report First, a majority (five of eight) of the risks respondents said were both most impactful and most likely to happen were environmental risks. These were extreme weather events, failure of climate change mitigation and adaptation, man-made environmental disasters, biodiversity loss and ecosystem collapse, and natural disasters. A sixth, water crises, is labeled by the WEF as a societal risk, but it can also be considered an environmental risk. In other words, even while geopolitical and cyber risks are increasing and domestic politics in many countries are in turmoil, the leading decision-makers in business and government remain most concerned about the cluster of risks connected to the environment—many of them related to climate change. Read More here