This 18th edition of the World Economic Forum’s Global Risks Report is based on a risk perceptions survey of 1200 experts on the likelihood, severity, and interconnections between 37 global risks. It finds that the biggest risk in the next two years is the cost of living crisis, and the biggest risk in the next […]
Global Risks Report 2023 Read More »
The research examines the risk of climate tipping under various temperature overshoot scenarios using a simplified network model. It shows that temporary overshoots can increase the tipping risks up to 72% compared with non-overshoot scenarios. It suggests that to avoid high-end climate risks, low-temperature overshoots and stabilization of long-term temperatures at or below current levels
Global Warming Overshoots Increase Risks of Climate Tipping Cascades in a Network Model Read More »
While increased climate warming may motivate ambitious actions that remediate the climate crisis, Millward-Hopkins proposes that it may have the opposite effect. He argues that the indirect impacts of warming, such as widening socioeconomic inequalities, increased migration, and heightened risk of conflict, interact with key drivers of authoritarian populism in ways that may foster resistance
Why the impacts of climate change may make us less likely to reduce emissions Read More »
Highlighting the connections between economic and non-economic shocks to the world, Adam Tooze proposes that “A problem becomes a crisis when it challenges our ability to cope and thus threatens our identity. In the polycrisis the shocks are disparate, but they interact so that the whole is even more overwhelming than the sum of the
Welcome to the World of the Polycrisis Read More »
The author defines megathreats as “severe problems that could cause vast damage and misery and cannot be solved quickly or easily” (p. 4). “We are facing megathreats unlike anything we have faced before… [and] they overlap and reinforce one another” (p. 5). Roubini explores ten megathreats: debt accumulation and debt traps; easy money and financial crises;
Megathreats: Ten Dangerous Trends that Imperil Our Future and How to Survive Them Read More »
The Polycrisis is a newsletter and a series of essays and panels exploring intersecting crises with a particular emphasis on the political economy of climate change and global North/South dynamics.
This Foresight Brief argues that conventional risk management frameworks cannot grapple with the growing number of systemic and existential risks generated by decades of globalization. Instead, these risks require more long-term thinking – “intentional consideration of what might happen in the future, the choices for influencing it and the consequences of those choices” (p. 10).
Reviewing international cooperation on social and environmental change, and particularly the failure to achieve the Sustainable Development Goals, Jem Bendell argues that the Sustainable Development framework is unable to address the increasing crises and disasters faced by the world today. As an alternative, he proposes an upgraded form of Disaster Risk Management that is detached
Ian Bremmer argues that the world faces three major crises—pandemics, climate change, and disruptive technologies (AI, lethal autonomous weapons, cyberwarfare, and biotechnology)—but our ability to respond effectively is hampered by broken American politics and the worsening rivalry between the United States and China. The three crises, however, present an opportunity and the necessary impetus for
The Power of Crisis: How Three Threats – And Our Response – Will Change the World Read More »
Against those who anticipate a smooth, timely transition to renewable energy and net-zero carbon emissions, Vaclav Smil argues that we are much more dependent on fossil fuels than we recognize so that an energy transition will be difficult and tumultuous. “The real wrench in the works: we are a fossil-fueled civilization whose technical and scientific
How the World Really Works Read More »
