The World Economic Forum asked 1,200 experts under its annual Global Risks Perception Survey to rank the most severe short- and long-term risks, and they identified the cost-of-living crisis as the most severe immediate risk but saw the failure to mitigate the climate crisis as the biggest risk 10 years from now.
Interconnected risks presented in the top 10 ranking lists of short- and long-term risks pose a great threat to the world's future. The Global Risks Report 2023 expects the cascading crises facing the world are not going away any time soon, and it suggests that world leaders should be prepared for a long road ahead.
