January 21, 2020–Visualizing the Biggest Risks to the Global Economy in 2020 (Visual Capitalist)

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Environmental concerns are a frequent talking point drawn upon by politicians and scientists alike, and for good reason. Irrespective of economic or social status, climate change has the potential to affect us all. While public urgency surrounding climate action has been growing, it can be difficult to comprehend the potential extent of economic disruption that environmental risks pose.Today’s chart uses data from the World Economic Forum’s annual Global Risks Report, which surveyed 800 leaders from business, government, and non-profits to showcase the most prominent economic risks the world faces. According to the data in the report, here are the top five risks to the global economy, in terms of their likelihood and potential impact:

Top Global Risks (by “Likelihood”) Top Global Risks (by “Impact”)
#1 Extreme weather #1 Climate action failure
#2 Climate action failure #2 Weapons of mass destruction
#3 Natural disasters #3 Biodiversity loss
#4 Biodiversity loss #4 Extreme weather
#5 Humanmade environmental disasters #5 Water crises

 

To view the full article visit the Visual Capitalist.