Global Risks Report 2022: Worlds Apart

The Global Risks Report 2022, published by the World Economic Forum in collaboration with IJAPP, examines how global divergence across multiple domains in the post-COVID-19 recovery threatens to widen disparities and aggravate societal fractures.

Drawing upon insights from over 950 experts and decision-makers worldwide, the 17th edition of the report unpacks some of the critical global tensions that may worsen the pandemic’s cascading impacts and complicate the coordination needed to tackle common challenges that include strengthening climate action, enhancing digital safety, restoring livelihoods and societal cohesion, and managing competition in space. It concludes with reflections on enhancing national and organizational resilience, informed by lessons from year two of the pandemic.

Takeaways from Carolina Klint, Risk Management Leader, Continental Europe, Marsh:

Three key risks for business

Insights on resilience gleaned from the pandemic

Marsh Global Risks Report 2022 - Webinar Replay

On Thursday 27 January, Marsh hosted a client webinar on the key areas from this year’s Global Risks Report that your businesses should look to safeguard against in 2022 and beyond.

Global Risks Report 2022: Worlds Apart

Explore key themes from this year’s edition

Disparities in progress on vaccination are creating a divergent economic recovery that risks compounding pre-existing social cleavages and geopolitical tensions. These tensions and the economic overhang of the pandemic will make it difficult to ensure a coordinated and sufficiently rapid approach to global challenges.

Read Full Chapter

Related Insights and Commentary From Across IJAPP

Future of Risk Management

Insights into the evolution of both the data and the infrastructure around liability risk management

Transformational Investment

This report supports efforts to allocate capital to positively impact our planet and society

Read Full Article

Pandemic Risk Report

Explore the case for a public-private pandemic risk solution and future protections

Mounting conviction for a fast climate transition is being slowed by social, political, and economic complexities, which risks creating a kaleidoscope of net-zero trajectories—each with different speeds and complications. A disorderly climate transition with divergent approaches could trigger economic volatility, hasten the adoption of untested technologies with unknown ramifications, and further drive apart countries and societies.

Read Full Chapter

Related Insights and Commentary From Across IJAPP

Investor Expectations

Rich Nuzum discusses investor expectations of companies for decarbonization

Financing the Shortfall

Jillian Reid on how capital can be steered to close financing shortfall

2022 Corporate Focus

Simon Cooper looks ahead to what companies will focus on in 2022

Lessons for Climate From Covid

Jessica Turner lays out a whole society approach to climate concerns

A Critical Decade for Climate Change

Support is needed for innovation at a country level and from industry

Facing the Climate Challenge

We aim to be biggest enabler of low-carbon, climate-resilient investment

Read Full Article

Climate Action Navigator

Global leaders can use this interactive tool to help close emissions gaps

Converging technological platforms, tools, and interfaces connected via an internet that is rapidly shifting to version 3.0 are at once creating a more complex cyberthreat landscape and a growing number of critical failure points. Attacks on large and strategic systems could carry cascading physical consequences across societies, while prevention will inevitably entail higher costs. Intangible risks—such as disinformation, fraud, and lack of digital safety—will also impact public trust in digital systems.

Read Full Chapter

Related Insights and Commentary From Across IJAPP

Increasing Cyber Resilience

Scott Stransky on importance of data and analytics in cyber resiliency

Evolution of Data and Analytics

Erica Davis on organizations’ use of data and analytics over the past 5 years

Protecting Data in Global Economy

Digital experts make sense of complex intersection among data, trust and access

Watch Full Video

Cyber Handbook Resource

A resource for understanding cyber trends and strategic considerations

Read Full Article

Cyber Risk and Industrial Systems

An original analysis of potential cyber attack pathways to an industrial target

Read Full Article

Harnessing Technology

A convergence of new technologies is creating a range of capabilities

Read Full Article

Challenges relating to forced displacement in ‘origin’ countries are clashing with greater protectionism in ‘destination’ countries. Constraints on normal patterns of mobility risk are aggravating global insecurity, hampering economic growth and stability, worsening humanitarian crises, exacerbating international tensions, and stirring immigrant skepticism and social unrest among populations.

Read Full Chapter

Related Insights and Commentary From Across IJAPP

Political Risk Map 2021

A two-track pandemic is leading to a multi-speed recovery

Labor Market Challenges Survey

How are companies addressing labor market challenges and return to worksites?

How to Attract and Retain the Hourly Workforce

Become the benchmark to get, and keep, the workforce you need

A greater number and variety of actors operating in space could generate frictions if space exploration and exploitation are not responsibly managed. With limited and outdated global governance in place to regulate space alongside diverging national-level policies, risks are intensifying around militarization and escalating geopolitical tensions. Accelerated space activity moreover increases the risk of collisions that could lead to a proliferation of space debris and impact the orbits that host infrastructure for key systems on Earth.

Read Full Chapter

Related Insights and Commentary From Across IJAPP

IJAPP on Space

Neil Stevens on navigating emerging opportunities and challenges in the space sector

Supporting Space Exploration

An innovative insurance solution to cover NASA and its prime contractors

Contemporary Arms Race

How tech has launched arms race in hypersonics and space warfare

Sustainment in Aerospace

A review of sustainment within the aerospace and defense industry

Space Insurance Market

Five factors behind first quarter 2021 space insurance pricing trends

The COVID-19 pandemic has sharpened thinking about how organizations can leverage different capabilities and strategies to enhance resilience and align that with other objectives. Moreover, collaboration opportunities exist for governments, businesses, and communities to pursue a whole-of-society approach that will improve national preparedness for the many types of crisis on the horizon.

Read Full Chapter

Related Insights and Commentary From Across IJAPP

Rethinking Approach to Resilience

Richard Smith-Bingham on opportunities to build resilience in the private and public sector

Resilience As an Ecosystem

Sydney Hedberg on how communities can enhance resilience to ensure preparedness

Partnering With Purpose in the UK

How public and private sectors might interact more effectively to mitigate risk

Read Full Article

Marsh Risk Resilience Report

Anticipation, forecasting, and agility. Essential tools for building a more resilient business

Building National Resilience

How to frame the evolving macro-level risk landscape in a way that helps allocate resources

Read Full Article

Becoming Sustainable at the Core

Stakeholder capitalism is emerging as a collective priority given interrelated concerns