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Modelling Sustainability For A Green Circular Economy

While we are trying to survive the multitude of social, health, and economic issues brought about by the Coronavirus pandemic, it is easy to forget that before governments started issuing lockdown orders, closing borders, and engaging in massive political battles, the world had been beset by other risks. The global risk reports written by the World Economic Forum have always been a valid, albeit slightly delayed identification of the most impactful and relevant risks that affect the world. The latest report, published in January 2020, demonstrated a dramatic increase in environmental risks ranked in the top ten (World Economic Forum, 2020a, p. 102). These included increased likelihood of climate action failure, biodiversity loss, extreme weather, natural disasters, and human made environmental disasters. The water crisis was classified as a social risk, but could equally be added to the environmental list (Figure 1).