The top five long-term global risks are, for the first time, all climate change and environment-related issues likely to have a significant global impact over the next decade. The global climate emergency is hitting harder and more rapidly than expected, according to the WEF’s latest Global Risks report published on Wednesday.
Peter Giger, group chief risk officer at Zurich Insurance Group, which helped to compile the report, told ENDS that “policymakers should make changes to the policy frameworks that affect price signals, such as tax, subsidies and the global CO2 price, in key sectors of the economy, to make sustainable investments profitable”.
Please enter your details
Not a subscriber?
Take a free trial now to discover the critical insights and updates our coverage offers subscribers.