The top five global risks, which are set to have a severe negative effect on the future of the global and local economies, are brought about by the degradation of the natural environment.
According to the latest World Economic Forum Global Risk Report for 2022, climate action failure, extreme weather and biodiversity loss rank as the top three most severe risks in the long term.
CEO at the WWF, Dr Morné du Plessis says the recent severe weather events experienced in South Africa is clear evidence that these threats are a reality.
Du Plessis says for South Africa to mitigate these impacts, immediate action is needed.
Read the World Economic Forum Global Risk Report for 2022 here.
- 62 fire fighting vehicles acquired for Western Cape municipalities since 2017.
- Western Cape dams still at impressive levels at the end of winter rainy-season.
— World Economic Forum (@wef) January 11, 2022
The top three global risks according to the World Economic Forum's #risks22 report:
1️⃣ Climate action failure
2️⃣ Extreme weather
3️⃣ Biodiversity loss
— UN Climate Change (@UNFCCC) January 11, 2022