Future Risks Report 2025

The AXA Future Risks Report 2025 presents a comprehensive analysis of global risk perceptions, emphasizing how increasing social fragmentation is compounding systemic vulnerabilities across societies. The report identifies climate change, geopolitical instability, cybersecurity, artificial intelligence and big data, social tensions and movements, natural resources and biodiversity loss, macroeconomic risks, energy risks, financial stability risks, and demographic shifts as the ten most pressing emerging risks. It highlights a decline in public trust in institutional capacities to manage these multifaceted challenges and advocates for strategic leadership, strengthened international cooperation, and proactive risk governance.