Misinformation spread by artificial intelligence and extreme weather events ranked highest among global risk concerns, with business leaders expressing a “predominantly negative outlook” for the future, according to the World Economic Forum’s (WEF) 2024 Global Risk Report.
Tag: extreme weather events
Lloyd’s New Data Tool Highlights Vulnerability of the Global Economy to Extreme Weather
Lloyd’s, the world’s leading marketplace for insurance and reinsurance, today launched a systemic risk scenario that models the global economic impact of extreme weather events leading to food and water shocks, estimating the loss to be $5 trillion over a five year period.
Tornadoes, Hurricanes and Wildfires Racked Up $165B in Disaster Damage in 2022
A series of major disasters, including the deadly Hurricane Ian, increased the cost of extreme weather events to around $165 billion.