WEF Global Risks Report 2023 released

Category : International Published on: January 16 2023

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The World Economic Forum taking place in Davos, Switzerland released the 18th edition of the Global Risk Report 2023 based on the 2022-2023 Global Risks Perception Survey (GRPS).
The World Economic Forum’s annual Global Risks Report has highlighted the cost of living crisis as the biggest short-term risk facing the world right now, with climate change as the biggest long-term threat.
This year’s edition was produced with professional services firm Marsh McLennan and Zurich Insurance Group.
The WEF Global Risks Report ranked the ‘cost of living crisis’ in first place among all the global risks on the basis of its severity over the short term.