<p>In January of this year, the World Economic Forum (WEF) released its Global Risks Report 2019 on the major threats to the world economy. For the third year in a row, the report stated that environmental-related risks account for three of the top five global risks by likelihood, and four of the top five risks by economic impact, namely: &ldquo;Failure of climate-change mitigation and adaptation,&rdquo; &ldquo;Extreme weather events,&rdquo; &ldquo;Water crises,&rdquo; and &ldquo;Natural disasters.&rdquo;</p>
