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World Economic Forum Ranks Climate Change as Top Environmental Risk
The World Economic Forum’s (WEF) recently released Global Risks Report has for the first time ranked climate change “as the most severe economic risk facing the world.” The WEF’s report indicated that climate change is compounding and intensifying other economic, humanitarian, and social stresses such as mass migration.
In a January 22nd National Geographic article, Chief Risk Officer of Zurich Insurance Groups, Cecilia Reyes, stated that “climate change is exacerbating more risks than ever before in terms of water crises, food shortages, constrained economic growth, weaker societal cohesion, and increased security risks.” To view the full report visit the World Economic Forum.