Global risks can no longer be seen in isolation. Great power competition, climate risks, digitisation, social and economic change all now overlap and all threaten business, individuals and society.
Understanding the complexity and dynamics of global risks as the world shifts to the climate economy should be a priority for all multinational firms.
Business disruptions from climate chaos such as extreme heat and weather events will increase in severity and frequency as the world warms. The ability of governments and businesses to manage these changes will help define geopolitical risk in the years to come.
The journey to a zero carbon world in order to mitigate climate change driven by governments, individuals and shareholders will create unprecedented demand for low and zero carbon products.
Much of this demand will be met by the emerging climate tech sector. The expansion of the climate tech sector over the next decade is likely to rival that of Social Media.
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I work at the European Bank for Reconstruction and Development (EBRD) Risk Management Department in Crisis management and business resilience. This site is my own views.
Previous to working in Risk Management I worked in sustainable finance and financial institutions investment across emerging markets for over a decade.
I have experience in scenario planning, political risk analysis, business intelligence.
My older website covering emerging markets and China’s global role can be found here: rising-powers.com