- Report release by World Economic Forum (WEF)
- It describes changes occurring in the global risks landscape from year to year and identifies global catastrophic risks.
- The report also examines the interconnectedness of risks and considers how the strategies for the mitigation of global risks might be structured.
- The top-five risk trends identified by the Survey are :
- changing climate;
- rising cyber dependency;
- increasing polarisation of societies;
- rising income and wealth disparity; and
- increasing national sentiment.
- The list of biggest risks to likelihood is topped by extreme weather events such as floods and storms, followed by failure of climate-change mitigation and adaptation, major natural disasters like earthquake, tsunami, volcanic eruption and geomagnetic storms; the massive incident of data fraud/theft; and large-scale cyber attacks.