Potential environmental and pandemic concerns post coronavirus (COVID-19)

Potential environmental and pandemic concerns post coronavirus (COVID-19)

The World Economic Forum (WEF) has published an article highlighting its concerns in relation to global environmental and pandemic disregard based on the Global Risks Report (GRR) released on 19 January 2021. According to the WEF, it has, over the past 15 years, warned the world of the potential risk of pandemics. The WEF goes on to state that the coronavirus (COVID-19) pandemic has stressed cumulative inequality and social disintegration, which is estimated to negatively effect the economy within the next 3–5 years and weaken geopolitical stability within the next 5–10 years. It also mentions that the effect of environmental disregard over the following decade continues to be a central concern. The GRR has provided ratings on risks according to when these are estimated to become a critical threat.

The WEF has expressed its concern that individuals who form part of a minority, which have been previously disadvantaged before the coronavirus pandemic are now susceptible to being overlooked in new and fairer societies, post pandemic. Financial, digital and reputational pressures further impending societal fragmentation may result in an unstable geopolitical outlook which hinders global recovery.

Managing Director at the World Economic Forum, Saadia Zahidi, has urged governments, businesses and societies to ‘shape new economic and social systems’, which reduce inequality, improve health, safeguard the environment and ‘improve resilience to future shock’.

Source: The World Needs to Wake Up to Long-Term Risks

Related Articles:
Latest Articles: