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Ahead of Davos 2013, World Economic Forum calls on policymakers to step up efforts to tackle three biggest dangers
Willy De Backer's insight:
Interesting report - my favorite quote from the press release: "Two storms – environmental and economic – are on a collision course" 
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"The finance, insurance and real estate (FIRE) sector has emerged to create “balance sheet wealth” not by new tangible investment and employment, but financially in the form of debt leveraging and rent-extraction. This rentier overhead is overpowering the economy’s ability to produce a large enough surplus to carry its debts. As in a radioactive decay process, we are passing through a short-lived and unstable phase of “casino capitalism,” which now threatens to settle into leaden austerity and debt deflation."
The new book by economist Michael Hudson should be mandatory reading for anyone seriously dealing with the global and European crisis.
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Economic impact of global warming is costing the world more than $1.2 trillion a year, wiping 1.6% annually from global GDP...
By 2030, the researchers estimate, the cost of climate change and air pollution combined will rise to 3.2% of global GDP, with the world's least developed countries forecast to bear the brunt, suffering losses of up to 11% of their GDP.
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"Continued stress on the global economic system is positioned to absorb the attention of leaders for the foreseeable future," the report said. "Meanwhile, the Earth's environmental system is simultaneously coming under increasing stress. Future simultaneous shocks to both systems could trigger the 'perfect global storm' with potentially insurmountable consequences.
"On the economic front, global resilience is being tested by bold monetary and austere fiscal policies. On the environmental front, the Earth's resilience is being tested by rising global temperatures and extreme weather events that are likely to become more frequent and severe. A sudden and massive collapse on one front is certain to doom the other's chances of developing an effective, long-term solution."