Global Risks Report, 2021

  • The World Economic Forum recently released the sixteenth edition of the Global Risks Report, 2021. 
  • The report was released based on the Global Risks Perception Survey. 
  • This was the 15th edition of the Global Risks Report.

THE RISKS

  • As per the report the following can lead to dire consequences and lost opportunities for large parts of the global population:

  1. Risk of job losses
  2. A widening digital divide
  3. Disrupting social interactions
  4. Abrupt shifts in markets

HIGHEST LIKELIHOOD RISKS

  1. Extreme Weather
  2. Climate Action Failure 
  3. Human-led Environmental Damage 
  4. Digital Power Concentration
  5. Digital Inequality and Cybersecurity Failure  
WORLD ECONOMIC FORUM
  • Founded: January 1971
  • Headquarters: Cologny, Switzerland
  • Founder & Head: Klaus Schwab


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