Top 5 Global Risks Threatening The World In 2021

2020 has not been a great year. Everyone was eagerly waiting for 2021. Though the year started with some major good news, the tables turned soon, resulting in economic, political, and natural disasters all over the world. From extreme weather to cybersecurity failure, today, we will have a look at the top 5 global risks threatening the world in 2021.

• Livelihood Crisis

The world faced a loss of almost 495 million jobs due to the Covid-19 crisis. While many industries were permanently shut, migrant workers were forced to quit their jobs.

• Extreme Weather Events

The first half of 2020 represented a substantial recovery in the Earth’s condition but the year also evidenced the events of hurricanes, wildfires, floods, earthquakes, cyclones, and, landslides. According to the reports of WEF, Scientists have anticipated that the world may experience more natural calamities this year.

• CybersecurityFailure 

We live in the era of the digital world. From education to money, everything has come online now. Cybersecurity poses a hazardous technological risk to the world in the short-term.

• Digital Inequality

Internet usage ranges from more than 87% in the developed countries to less than 17% in underdeveloped countries. Many countries are already dealing with social and economic inequality. When digital inequality will be added to the list, the world may be at the risk of experiencing undermine inclusive recovery. It may also lead to digital dependency and information suppression and manipulation.