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Burning Planet:

Climate Fires and Political Wars Rage

World Economic Forum’s Global
In light of recent global events in the Risks Report 2020 was published
recently. Their annual report
US and Australia (wildfires caused by foresees that economic and political
polarisation will rise this year,
extreme weather), China (Coronavirus as collaboration between world
leaders, businesses and policy-
outbreak - potential pandemic), Turkey makers is needed more than ever to
stop severe threats to our climate,
(earthquake in Eastern Turkey) and the environment, public health and
technology systems. This points to
a clear need for a multi-stakeholder
Philippines (Taal volcano eruption), approach to mitigating risk at a time
when the world cannot wait for the
the following article shows that the fog of geopolitical disorder to lift.

global risks that are being forecast The report forecasts a year
of increased domestic and
are actually happening now. For your international divisions and
economic slowdown. Geopolitical
business and your family, knowing turbulence is propelling us towards
an “unsettled” unilateral world of
how to mitigate and plan ahead for great power rivalries at a time when
business and government leaders
the changing world environment is must focus urgently on working
together to tackle shared risks.
essential. Over 750 global experts and

decision-makers were asked to

th
7 year, Issue 26, Mar - May 2020 www.MiddleEast-Business.com