Context:
20th Global Risks Report 2025 released.
Global Risks Report:
- Annual report published by the World Economic Forum
- Purpose – To present an analysis of the most pressing global risks anticipated over short-term (2 years) and long-term (10 years) periods.
- Global risk is defined as the potential for an event to significantly harm global GDP, population, or natural resources.
Key Findings of the Global Risks Report 2025:
- Top 5 risks for India include water supply shortages, misinformation and disinformation, erosion of human rights and civic freedoms, pollution (air, water, and soil), and labour and talent shortages.
- Top Global Risks –
- Immediate Risks (Next 2 years) – Misinformation and disinformation, Extreme weather events, and State based armed conflict.
- Long-Term Risks (Next 10 Years) – Extreme weather events, Biodiversity loss and ecosystem collapse and Critical changes to earth systems.
World Economic Forum (WEF):
- Established in 1971 as a not-for-profit foundation.
- Objective – To demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance.
- Annual meeting held in Davos, Switzerland
- Key Initiatives –
- Centre for Fourth Industrial Revolution – Established in San Francisco to develop policy frameworks and advance collaborations that accelerate the benefits of science and technology.
- Great Reset – It is based on the assessment that the world economy is in deep trouble and there is a need for a ‘Great Reset’ of capitalism.
- Essential Digital Infrastructure and Services Network (EDISON) Alliance – Will work with governments and industries to accelerate digital inclusion.
- Key Reports and Indices –
- Global Competitiveness Report
- Global Enabling trade Report
- Global Gender Gap Report
- Global IT Report
- Global Energy Transition Index
- Global Risk Report
- Global Travel and Tourism Report
- Human Capital Index
- Inclusive Development Index
Source: Livemint
Previous Year Question
Which of the following gives ‘Global Gender Gap Index’ ranking to the countries of the world?
[UPSC Civil Services Exam – 2017 Prelims]
(a) World Economic Forum
(b) UN Human Rights Council
(c) UN Women
(d) World Health Organization
Answer: (a)