"Transformational Investment: Converting Global Systemic Risks into Sustainable Returns" published by the World Economic Forum (2020) in partnership with Mercer (Marsh & McLennan) and Zurich Insurance Group. This report addresses some of the long-term, global systemic risks facing our economy, society and the planet – and the need to do so has arguably never been stronger.
In summary, "the institutional investment community has the collective power to champion long-term thinking, to constructively tackle complicated problems, and to bring positive change – all while pursuing attractive risk-adjusted investment returns."
"For likelihood, the top 5 global risks (in decreasing order of occurrence) include: extreme weather, climate action failure, natural disasters, biodiversity loss, and human-made environmental disasters."
"In terms of impact, the top 5 global risks (in decreasing impact order) include: climate action failure, WMD, biodiversity loss, extreme weather, and water crises." - World Economic Forum
