The World Economic Forum’s Global Risks Report 2016 is based on the annual survey, in which almost 750 experts assessed 29 separate global risks for both impact and likelihood over a 10-year time horizon. A failure of climate change mitigation and adaptation was found to be the risk with the greatest potential impact.
It was considered to have greater potential damage than weapons of mass destruction (2nd), water crises (3rd), large-scale involuntary migration (4th) and severe energy price shock (5th). This is the first time that an environmental risk has topped the World Economic Forum’s ranking. Read more at http://www.weforum.org/