World Economic Forum report notes climate change as key threat

Environment-related risks are the most likely and among the most impactful global risks of 2019, says a new report by the World Economic Forum, issued just as world leaders gather next week for the annual conference.

The WEF survey, completed by roughly 1,000 experts
and business leaders in preparation for the meeting
in Davos, Switzerland, lists extreme weather events,
 natural disasters and environmental policy failure
among the greatest hazards for 2019.

The survey, completed by roughly 1,000 experts and business leaders in preparation for the meeting in Davos, Switzerland, lists extreme weather events, natural disasters and environmental policy failure among the greatest hazards for 2019.

“Of all risks, it is in relation to the environment that the world is most clearly sleepwalking into a catastrophe,” the WEF report said, highlighting the strong relationship between intensity and likelihood of severe events and the failure of government climate action last year.

Alison Martin, group chief risk officer at Zurich Insurance Group who collaborated on the WEF report, is urging businesses to develop a timely climate-change strategy.

Read the story from The Globe and Mail by Alastair Spriggs - “World Economic Forum report notes climate change as key threat.”