This year, the World Economic Forum will be gasbagging about our rapidly worsening environment. The lips they will be flappin'.
The most urgent problem, according to the WEF, is major power rivalries that are thwarting collective action to thwart climate change. No wonder Trump is giving this year's conclave a pass.
The WEF’s annual global risks report found that a year of extreme weather-related events meant environmental issues topped the list of concerns in a survey of around 1,000 experts and decision-makers.
But with Donald Trump announcing protectionist measures aimed at Chinaand the European Union in 2018, the report said the international cooperation needed to limit further global warming was breaking down.
“Global risks are intensifying but the collective will to tackle them appears to be lacking. Instead, divisions are hardening,” the report said, noting that nine out of 10 people polled said they expected relations between the leading powers to worsen in 2019.
“The world’s move into a new phase of strongly state-centred politics, noted in last year’s Global Risks Report, continued throughout 2018.”
...Environmental risks continued to dominate the risks report, although there were also long-term concerns about the dangers posed by cybersecurity breaches in the years ahead.
The report tracks five environmental risks: biodiversity loss, extreme weather events, failure of climate-change mitigation and adaptation, man-made disasters, and natural disasters. All five are thought to be in the high-impact, high-likelihood category.