Hero Background

Financial Flows

READ MORE
CLOSE

Speeding up and scaling up finance into clean energy and energy efficiency, greening infrastructure, sustaining ecosystems like forests and coral reefs and enabling countries and communities to adapt is essential to staying below 2C degrees. Check out what's happening and how to benefit.

Header Image

Climate change disaster is the biggest threat to global economy in 2016, according to the World Economic Forum’s Global Risks Report 2016. In this year’s annual survey, almost 750 experts assessed 29 separate global risks for both impact and likelihood over a 10-year time horizon. The risk with the greatest potential impact in 2016 was found to be a failure of climate change mitigation and adaptation. This is the first time since the report was published in 2006 that an environmental risk has topped the ranking. This year, 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).

Read WEF's press release.

Photo credit: US Geological Survey (Flickr)

Subscribe to our newsletter