The 2018 Annual Report on global catastrophic risks presents updates to previously published information about global catastrophic risks and their governance, outlined and explained by leading academic experts. 

Understanding global catastrophic risks is more important than ever. It is also vital to realise that many of the risks are connected and often reinforcing each other. In that regard, the present report plays an essential role in the broader mission of the Global Challenges Foundation. Without an intimate knowledge of these threats, we cannot even begin to work on models that can help us manage, reduce and preferably eliminate the greatest threats to humanity more rapidly, effectively and equitably. 

Since the last Annual Report, the Global Challenges Foundation organised the inaugural New Shape Forum, held in Stockholm on May 27-29 2018. More than 200 leading thinkers and experts convened to discuss fresh ideas for improving global governance to tackle the world's most pressing problems. During this event, we awarded a total of USD 1.8 million to three innovative submissions in the conclusion of the New Shape Prize, an open call seeking such creative models for better global governance. 

In the coming months, we will continue to support the refinement and development of ideas to improve the ways we manage global risks. The Global Challenges Foundation has decided to fund a number of dedicated working groups who will concentrate on expanding the most promising ideas brought forward by the New Shape Prize. These groups will have the opportunity to present at the Paris Peace Forum in early November to an audience of world leaders and global shapers.

Still, this is just another checkpoint in an ongoing process of iterative elaboration and refinement. For now, we hope that the knowledge and insights shared here can stoke new productive ideas and even greater discussion about more effective forms of global cooperation.

For the Global Challenges Foundation, it remains an important task to develop our knowledge about the greatest global risks. We are grateful to all the scientists and experts who have helped, and who continue to help, in fulfilling that mission.