The Global Risks Landscape 2018
One risk category tops the chart this year — environmental-related risks ranked again among the top global risks by likelihood and impact. Top 10 global risks revealed.
As in previous years, the 13th edition of The Global Risks Report is based on the annual Global Risks Perception Survey (GRPS)1, completed by 900 members of the World Economic Forum’s global multi-stakeholder community. Respondents are drawn from business, academia, civil society and the public.
The survey asked respondents to consider 30 global risks categorized as societal, technological, economic, environmental or geopolitical, over a 10-year time horizon2. For each risk, they were asked about the perceived likelihood of the risk occurring globally within the next 10 years and the impact if it does. 13 global trends are also considered by the survey.
Key findings from the GRPS:
- The survey finds overall that environmental and technological risks continue to be on the rise, geopolitical and societal risks are overall somewhat stable but remain high while economic risks continue to be perceived as low both in terms of likelihood and impact.
- Environment-related risks again stand out in this year’s global risk landscape with every risk in the category lying in the higher-impact, higher-likelihood quadrant. For the second & consecutive time in thirteen years, the top global risks in terms of likelihood is extreme weather events.
- Global risks that remain serious because of their combined impact and likelihood involve extreme weather events, major natural catastrophes, failure of climate change adaptation, large scale
