20.01.2025
Global Risk Report
For Prelims: About Global Risk Report, Key points of the Report
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Why in the news?
Recently, the World Economic Forum published a Global Risk Report.
About Global Risk Report:
- The first edition of the report was published in 2006 in which extreme weather events have been categorised under “environmental risks.”
- This year’s report presents the findings of the Global Risks Perception Survey 2024 - 2025 (GRPS).
Key points of the Report:
- These risks are assessed over both short-term (1-2 years) and long-term (10 years) horizons to guide policymakers in balancing immediate concerns with future challenges.
- It classified global risks across economic, environmental, geopolitical, societal and technological domains.
- Top 3 short-term risks: It includes misinformation and disinformation, extreme weather events and state based armed conflict.
- Top 3 Long term risks: It includes extreme weather events, biodiversity loss & ecosystem collapse and critical change to earth systems.
- The evolving global risk landscape is shaped by the interaction of four critical spheres: technological, geostrategic, climatic and demographic.
- These forces are expected to intensify over the next decade and beyond, resulting in a complex and interconnected web of challenges.
- The report further stresses the importance of addressing short-lived climate pollutants, such as black carbon, methane and hydrofluorocarbons, which have significant environmental and health impacts.
Source: Down to the earth
Global Risk Report, recently in news, is published by:
A.United Nations Environment Programme
B.World Bank
C.World Meteorological Organisation
D.World Economic Forum
Answer D