World Economic Forum Report

New release: the World Economic Forum’s Global Risks Report 2016. The report, undertaken in conjunction with the Wharton Risk Management and Decision Processes Center of the University of Pennsylvania, reports opinions of 750 experts who assessed 29 global risks for both impact and likelihood over a 10-year time horizon and is being released today in advance of the Forum’s annual meeting taking place in Davos.

• Chiefly, the report finds an increased likelihood of all risks – environmental, geopolitical, societal, economic, and technological, looks set to shape the global agenda in the coming year.
• Failure of climate-change mitigation and adaptation is the number one global risk in terms of impact.
• Large-scale involuntary migration tops the list of risks in terms of likelihood and is the fastest rising in terms of both impact and likelihood.
• Cyberattacks are now considered the greatest risk to doing business in North America.

For more information:
• Read the Report at http://reports.weforum.org/global-risks-2016/
• Read the Executive Summary at http://reports.weforum.org/global-risks-2016/executive-summary/

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