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( September Thematic Report) Extreme Weather |
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by Nadir Huseynov | 30-09-2022 03:16
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According to the latest Global Risks Report 2018 published by the World Economic Forum, extreme weather events such as coastal storms and droughts, failures to reduce carbon emissions and build climate resilience as well as natural disasters matter among the main risks seriously threatening global stability.
The escalation in environmental and climate-related risks comes on the heels of a year marked by high-impact hurricanes - Harvey, Irma and Maria - which caused widespread damage in the United States and the Caribbean, by extreme temperatures and the first increase in global CO2 emissions in four years. Speaking on the report, Alison Martin, Chief Risk Control Officer of Zurich Insurance Group, said: “Extreme weather events have been ranked as the highest overall risk in terms of likelihood and impact. Environmental risks, coupled with growing vulnerability to other risks, now seriously threaten the very foundations of most of our commons. Unfortunately, the reaction of governments and organizations to climate change is far too late. It is not yet too late for a more resilient future, but we must act with a stronger sense of urgency to avoid the collapse of the system as a whole. The report was released days before the start of the World Economic Forum in Davos which will be attended by UN Climate Change Executive Secretary Patricia Espinosa.In Davos, the top UN Climate Change official will meet with government leaders and non-state actors to push forward the implementation of thethe Paris Agreementon Climate Change, a key international agreement designed to limit the global average temperature to well below 2°C, preventing the worst consequences of climate change. The report highlights that climate action initiated by a growing network of cities, states and businesses is emerging as an excellent way to combat climate change and other environmental risks. The report also highlights many areas where we are pushing systems to their limits, whether by causing too high a rate of species extinction, a massive reduction in biodiversity, putting agricultural systems under stress and the world's food supply in danger; air and sea pollution are becoming an increasingly pressing threat to human health as well. Some of these risks could then lead to a series of events – large-scale displacements, water shortages – that would jeopardize social, political and economic stability in many parts of the world.
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Youth
Nadir Huseynov
Previous : (September free report) Drough...
2 Comments
Hello, this is your mentor Minkyung.
Thank you for introducing a very informative report! Because the environmental status is changing so fast, it is imperative that we keep ourselves updated on the recent environmental changes - and Global Risks Report could be one of the valuable sources.
For the record, please include the source of the picture you posted!
Thank you for your report, and keep up the work!
Posted 01-10-2022 19:16
Hi, Nadir Huseynov!
This is your mentor, Yoon.
Thank you for introducing the Global Risks Report 2018. The article seems very interesting and you did well in provoking those interests. Thanks to your report I also tried reading the latest Gloabl Risks Report 2022.
This is the link: https://www.weforum.org/reports/global-risks-report-2022?DAG=3&gclid=CjwKCAjwp9qZBhBkEiwAsYFsb-4iRrE4CMVRuajxl2JERSUPENkNo_8-O0ecQH0pOrq_hRF4jvYmJxoCIqYQAvD_BwE
Nice job on writing the monthly thematic report!
I am looking forward to reading your next report!
Posted 30-09-2022 23:55