Environmental degradation increases global and local economic risks

Published on


Add Smile FM on Google

The top five global risks, which are set to have a severe negative effect on the future of the global and local economies, are brought about by the degradation of the natural environment.

According to the latest World Economic Forum Global Risk Report for 2022, climate action failure, extreme weather and biodiversity loss rank as the top three most severe risks in the long term.

CEO at the WWF, Dr Morné du Plessis says the recent severe weather events experienced in South Africa is clear evidence that these threats are a reality.

Du Plessis says for South Africa to mitigate these impacts, immediate action is needed.

Read the World Economic Forum Global Risk Report for 2022 here.

Related articles:

Latest articles

Cape Town urged to turn down the taps as summer heats up

 With summer hot on our heels, the City of Cape Town is urging residents to use water sparingly without letting water-saving efforts put a...

TV: The Secret Lives of Mormon Wives: Orange County” premieres

 The next instalment in the hit franchise, "The Secret Lives of Mormon Wives: Orange County", will premiere this week. All eight episodes will premiere...

WATCH: Tatjana Smith switches to Netherlands after speaking out about Swimming SA

 South Africa’s most decorated Olympian, Tatjana Smith, has made an emotional announcement today, switching her sporting allegiance to the Netherlands after World Aquatics approved...