Environmental risks are perceived to be the five most critical long-term threats to the world as well as the most potentially damaging to people and the planet, with climate action failure, extreme weather, and biodiversity loss ranking as the top three most severe risks. Debt crises and geoeconomic confrontations are among the most severe risks over the next 10 years. Geopolitical and geoeconomic tensions will make it more difficult to tackle common global challenges, notably climate change