The World Economic Forum’s Annual Meeting climate blog series

Planet earth globe view from space showing realistic earth surface and world map as in outer space point of view . Elements of this image furnished by NASA planet earth from space photos.

After multiple delays, the World Economic Forum (WEF) brings together global leaders for its Annual Meeting, against one of the most turbulent backdrops in recent history.

At the WEF’s Annual Meeting, also known as Davos, leaders from around the world and across sectors discuss the challenges of the day. This year, war in Ukraine, food insecurity, spiking energy prices, climate change, and biodiversity loss will all be on the agenda. The theme of the meeting is sweeping: History at a Turning Point: Government Policies and Business Strategies.

The world will be watching for concrete action on today’s interconnected environmental, economic, and humanitarian crises.

In this blog series, we’ll be digesting what this means for the insurance sector — the world’s risk managers. Taking a sustainability lens, we’ll cover the key stories on climate, nature, and governance.

Day one in Davos: a tangled web of critical risks

23/05/2022

Raging forest spring fires. Burning dry grass, reed along lake. Grass is burning in meadow. Ecological catastrophy. Fire and smoke destroy all life. Firefighters extinguish Big fire. Lot of smoke

Time is running out on climate action

advice; advisor; interview; training; seminar; job; financial advisor; hand; hands; close up; customer; recruitment; discussion; talk; talking; insurance; lawyer; meeting; young; business; bank; banker; banking; insurer; businesswoman; woman; man; office; agreement; deal; trust; communication; businesspeople; contract; marketing; finance; team; cooperation; coworker; explain; paper; document; pen; colleague; people; person; work; working; corporate

Without G, there can be no ESG

Close up of a person wearing wellies trying to walk through a flood.

How the water crisis connects to a world of risks

This publication is not intended to be taken as advice regarding any individual situation and should not be relied upon as such. The information contained herein is based on sources we believe reliable, but we make no representation or warranty as to its accuracy. Marsh shall have no obligation to update this publication and shall have no liability to you or any other party arising out of this publication or any matter contained herein. LCPA 22/243

“Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.”