As part of this annual event the WEF compiles and publishes its Global Risks assessment. The 10th Edition was published this for assessing the global risks for 2015. A picture of the report's cover is below. The report can be downloaded at: http://www3.weforum.org/docs/WEF_Global_Risks_2015_Report.pdf
As a student of infrastructure and security I find this report to offer tremendous insight into the challenges faced by society today. Also, the report includes some excellent graphics to help the reader get a better sense of the interplay between the various risks and what they refer to as "risk constellations."
The authors have first established five categories of risk including economic, environmental, geopolitical, societal and technological. Then, for each category there are a collection of different risks that are graded and assessed. The individual risks are then evaluated on a quadrant (below) assessing the risk's Impact and Likelihood.
Then, based on the above mapping/assessment the top 10 risks are determined by Likelihood and Impact as shown in the next graphic.
Finally, an aspect I normally consider with these lists are those risks listed in both columns. These include:
- Water Crises
- Unemployment or Underemployment
- Failure of Climate Change Adaptation