11.9 C
Cape Town
Friday, April 17, 2026

Environmental degradation increases global and local economic risks

Published on

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

WATCH: South Africa now makes critical molecule for lab-grown meat

 A South African biotechnology breakthrough could help make lab-grown meat more affordable and accessible. Lab-grown meat is considered the future of food because it offers...

Tributes pour in after sudden passing of Johnny Davids

  The Afrikaans lifestyle channel VIA (DStv channel 147) has paid tribute to television personality Johnny Davids, who passed away suddenly on Thursday morning at...

SASSA Moves to End ‘Unlawful’ Queue Selling Practice

 The South African Social Security Agency (SASSA) has intensified its warning against the illegal sale of queue positions at its offices, vowing a crackdown...
error: Content is protected !!