Global Risks Report 2022: What you need to know
Summary
The Global Risks Report 2022 identifies environmental risks as the most severe long-term threats, with climate action failure, extreme weather, and biodiversity loss ranking as the top three risks over the next decade. While societal and health risks are prominent in the short term, the report warns that widening economic disparities between advanced and developing economies—excluding China—will hinder collective action on climate change and other global challenges.
Key insights
- Environmental risks are the most dominant threats both in the short and long term, with climate-change related risks occupying three of the top ten most severe risks over the next decade: climate action failure, extreme weather events, and biodiversity loss and ecosystem collapse.
- Climate action failure is identified as the most critical threat to the planet, economies, and societies across both medium-term (2-5 years) and long-term (5-10 years) horizons, yet 77% of survey respondents believe international mitigation efforts are either in early development or have not yet started.
- The report predicts a widening economic divergence by 2024, where advanced economies are expected to surpass pre-pandemic GDP growth by 0.9%, while developing economies, with the exception of China, are projected to fall 5.5% below their expected growth.
- The global risk landscape evolves over time: short-term risks (next two years) include the erosion of social cohesion, mental health deterioration, infectious diseases, and livelihood crises; medium-term risks (next five years) include debt crises and geoeconomic confrontations.
Cite the original document
- APA
- Whiting, K. (2022). Global Risks Report 2022: What you need to know. World Economic Forum. https://www.weforum.org/stories/energy-transition/global-risks-report-climate-change-covid19/
- Chicago
- Whiting, Kate. Global Risks Report 2022: What you need to know. World Economic Forum, 2022. https://www.weforum.org/stories/energy-transition/global-risks-report-climate-change-covid19/.
- Wikipedia
- {{cite report |last1=Whiting |first1=Kate |title=Global Risks Report 2022: What you need to know |publisher=World Economic Forum |date=11 January 2022 |url=https://www.weforum.org/stories/energy-transition/global-risks-report-climate-change-covid19/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{whiting2022global, author = {Whiting, Kate}, title = {{Global Risks Report 2022: What you need to know}}, institution = {World Economic Forum}, year = {2022}, month = jan, url = {https://www.weforum.org/stories/energy-transition/global-risks-report-climate-change-covid19/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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