Armed conflict and environmental risks are leading concerns, as highlighted in the World Economic Forum’s (Global Risks Report), released recently.
This report comes just before the WEF’s annual meeting in Davos. It reflects the views of over 900 leaders in various fields who were surveyed in late 2024.
The findings suggest we are in a deeply divided era, reminiscent of the Cold War.
In the past year, we’ve seen conflicts escalate, climate-related disasters increase, and a rise in misinformation fueled by technology.
Immediate Risks
State-based armed conflict tops the current risks for 2025. Tensions from recent wars in Ukraine and the Middle East weigh heavily on global stability.
The potential for more conflict depends on the actions of the new U.S. administration and its stance towards countries like Russia and Iran.
Escalation in the region could also draw the U.S. deeper into Middle Eastern conflicts, affecting local economies and security.
Additionally, concerns over Taiwan highlight the fragility of global peace.
Extreme weather events and geopolitical tensions are also significant worries for global leaders.
Short-term Risks
Misinformation is the top short-term threat. It undermines trust among people and governments, leading to division.
Artificial intelligence complicates this issue, making it harder to tell real news from fake. Other pressing risks include cyber warfare and pollution.
Long-term Risks
Environmental challenges dominate the decade ahead. Extreme weather, biodiversity loss, and resource shortages are critical concerns.
Respondents identified extreme weather as the top risk, emphasizing its increasing frequency and costs. Pollution is a growing concern, especially among younger generations.
The Future Landscape
Experts predict a fragmented global order, leading to strained multilateral relations. In this uncertain environment, it’s essential for leaders to foster collaboration and build resilience.
As tensions rise, leaders face a choice: collaborate effectively or risk deepening vulnerabilities.
Interestingly, the Davos meeting, themed “Collaboration for the Intelligent Age,” coincides with the inauguration of U.S. President-Elect Donald Trump, who may steer global relations in a new direction.
Image Credits: UNICEF/UNI501989/Al-Qattaa.