Read more about the Foundation's work in raising risk awareness.
It was decided when the Global Challenges Foundation was founded in 2012, that the Foundation should on a regular basis compile and make available expertise regarding the greatest Global Catastrophic Risks. Collaboration with Future of Humanity Institute at Oxford University in the U.K. was established early on, in order to chart and describe these risks. The Foundation's annual report Global Catastrophic Risks 2016 is the result of the continued partnership between the Foundation and the researchers at Future of Humanity Institute and the Global Priorities Project at Oxford Martin School at Oxford University.
The Foundation wants to create a convening platform to draw together the brightest minds from academia, politics, business and civil society to discuss how the world can better manage global risks in the interests of all citizens. To support this mission, the Global Challenges Foundation will be releasing risk reports on a quarterly basis. These reports bring together leading actors from around the world to prompt a shared understanding of the current challenges that we face.
Editor-in-chief for the reports is Julien Leyre. He can be reached at [email protected].
How can you put low-probability risks in perspective? We believe that one way is to compare them to other, more everyday risks. It may not sound very alarming to say that there is a 0.5 percent probability that global temperature, at the current levels of greenhouse gas emissions, will rise by six degrees. But if we assume the same probability for aviation accidents, it would mean that instead of 30 such accidents per year, there would be more than 400 a day!
This is where the Risk Indicator comes into the picture.
Sustainable development is a key word for a majority of business leaders. It includes attention to a number of areas – such as impact on climate, work environment, business ethics and corporate governance. This focus is not only a result of moral concerns, but to a large degree based on the belief that sustainability is a prerequisite for future profitability.
Thanks to a collaboration with and support from the Global Challenges Foundation, Stockholm School of Economics (SSE) will, starting in the fall of 2016, include studies on global risks as a compulsory element of the curriculum for the first four semesters of their Bachelor program. This means that a great number of future high level decision-makers will have fundamental insights regarding the greatest global threats and an incentive to analyse how they can best be managed in harmony with successful economic development.
The collaboration between the Foundation and SSE, which has been named Global Challenges at Stockholm School of Economics, will continue for ten years and include approximately 3,000 students. The Foundation has great expectations that this concept – in addition to educating corporate decision-makers about new insights regarding the world we all operate in – will spark interest and create followers at other leading institutions around the world.
There was great consensus among climate scientists leading up to the COP21 Climate Summit in Paris in December 2015, that it is necessary for the world's leaders to quickly adopt measures to limit the emission of greenhouse gases and thus global warming. Together with the Earth League organisation, a network of 17 leading climate scientists, the Foundation decided to participate in producing a document – Earth Statement – which summarises in eight points the scientists' conclusions and recommendation leading up to COP21. The work on the Earth Statement became an extensive global mobilisation of political and religious leaders, business figures, artists and other opinion makers in support of the petition. The Earth Statement received a lot of attention at the Paris summit.
In February 2014, TNS conducted an international survey for the Global Challenges Foundation concerning the views of the general public relating to climate change, poverty and armed conflict. The survey covered nine countries: Brazil, USA, China, Russia, Poland, Germany, India, South Africa and Sweden. The questions were answered via an internet-based panel consisting of at least one thousand people in each country.