Global Risks Report 2022 shows: Biodiversity loss is one of the biggest global construction sites

News in the Framework of the European Business & Biodiversity Campaign


Global Risks Report 2022 shows: Biodiversity loss is one of the biggest global construction sites

In its 17th Global Risks Report, the World Economic Forum names the climate crisis, increasing divisions in society, heightened cyber risks and an uneven global recovery in pandemic times as the biggest global challenges for 2022. In the long term, environmental risks stand out, with concerns about biodiversity loss even landing in third place.

02/03/2022: In early 2022, the World Economic Forum published its annual Global Risks Report. This is based on input from more than 1,000 risk experts and global leaders from business, politics and civil society. The report shows that failure of climate action, extreme weather events, and biodiversity loss are ranked as the top three global risks over the next 10 years.

Here, respondents' lack of confidence in the ability of global actors to mitigate climate change is evident, not least because of the social fractures and economic risks that have deepened in the pandemic year of 2021.

Speaking of the pandemic, Covid-19 is a real catalyst for global risks, especially social and environmental risks, according to the report. Missing climate targets, extreme weather events and biodiversity loss are the environmental risks that have worsened the most since the Covid-19 crisis began.

The fact that the ongoing loss of biodiversity is seen as a major risk may, moreover, be due to the fact that international efforts to mitigate risks are less convincing here, compared to other areas. According to the experts’ estimates, around two-thirds of efforts to conserve biodiversity are at an early stage of development. One fifth is established, but only 2% of the efforts are effective, i.e. already making an effective contribution to biodiversity conservation.

>>> Do you want to effectively conserve and promote biodiversity in agriculture? GNF has developed a strategic framework and roadmap for this with the Biodiversity Action Plan (BAP).<<<

There is more progress in other areas, for example in trade facilitation, where almost two-thirds of efforts are classified as established and 12% as effective.

Author: Global Nature Fund