Global tension is hampering our ability to fight climate change, Davos survey warns

Global tension is hampering our ability to fight climate change, Davos survey warns

The world is facing the increased risk of political confrontations between major powers, which is hindering solutions to challenges like climate change and cyberattacks, a new report by the World Economic Forum (WEF) said Wednesday.

WEF, best known for creating and facilitating its annual economic forum in Davos, Switzerland, said the breakdown of international cooperation on major issues had reached “crisis levels,” and would continue to prevent international action on urgent crises this year.

The WEF report, called the Global Risks Report 2019 and released with risk consultancy Marsh, surveyed around 1,000 experts and decision-makers with 90 percent saying they expected further economic confrontation between major powers. Eighty-eight percent said they expected further erosion of multilateral trading rules.

source:https://www.cnbc.com/2019/01/16/davos-founders-warn-of-rising-tension-between-the-worlds-superpowers.html

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