What are the top 5 global risks and how to mitigate them (2024)

Climate action, cybersecurity, food security, energy transition and healthcare system – these are just five of the many global risks that the world currently faces. Experts at the soon-to-begin World Economic Forum, which will be held in the Swiss town of Davos between January 16 and 20, have highlighted the five crises as some of the most urgent that the world needs to address.

The WEF’s annually published Global Risks Report explores how these risks are interconnected and how they will play out in a year of what the report calls the “polycrisis”. But compounding these issues is the growing cost-of-living crisis that is emerging across the world.

Here’s why these phenomena pose the greatest risk and how the world can come together to mitigate them.