Formation | 2012 |
---|---|
Founder | László Szombatfalvy |
Purpose | Global catastrophic risks |
Headquarters | Stockholm, Sweden |
Website | globalchallenges |
The Global Challenges Foundation is a Swedish non-profit organization that seeks to raise awareness of global catastrophic risk and the global governance necessary to handle these risks. This includes examining models for UN reform, as well as initiating new ideas for a functioning global governance. [1] [2] It was founded in 2012 with a donation by the Swedish- Hungarian billionaire László Szombatfalvy. [3] [4]
The foundation is based in Stockholm. Its board members include Johan Rockström, and the fourth AP Fund's former CEO Mats Andersson. [5] The foundation's assets predominantly consist of a donation from László Szombatfalvy, which represented roughly half of his fortune at the time—around 500 million Swedish kronor. [4]
Global Challenges Foundation is working to raise awareness of global catastrophic risks, currently primarily climate change, other environmental degradation, and political violence focusing on weapons of mass destruction. In order to do this at both the public and the decision-making levels, the Global Challenges Foundation is closely cooperating with a number of institutions, including the Future of Humanity Institute at Oxford University. [6]
Another risk-related project driven by the Global Challenges Foundation, along with Earth League, is Earth Statement. The climate call aims at reducing the gap between science and politics, and has formulated eight points on which the world's decision-makers need to agree to achieve a successful climate agreement at COP21. Earth Statement has been signed by Al Gore, Desmond Tutu, Mo Ibrahim, Richard Branson, Arianna Huffington, Gro Harlem Brundtland, Yuan T. Lee and Mary Robinson. [7]
Global Challenges Foundation gave support to the Stockholm School of Economics for a new track – Global Challenges. The course is included in the Bachelor program in Business and Economics. [8]
The Global Challenges Foundation conducts international risk surveys [9] and publishes annual reports on global risks, [10] interspersed with quarterly reports [11] that look at various aspects of global catastrophic risk and global governance. For example, the 2016 annual report estimates that an average American is more than five times likely to die during a human extinction event than in a car crash. [12] [13] The 2017 report highlighted a broad range of security related topics, among them climate change, and concluded that global warming has a high likelihood to end civilization. [14]
In November 2016, the Global Challenges Foundation launched the Global Challenges Prize – A New Shape, an international competition that calls on people of academia, politics, business and civil society worldwide for proposals that outline new models of global governance. It offered $5 Million in prizes with the best entry receiving at least $1 million. The foundation would then back efforts to bring the winning ideas towards implementation. [15] [16] [17] The award ceremony took place at the end of May 2018 in Stockholm. [18]
The United Nations Environment Programme (UNEP) is responsible for coordinating responses to environmental issues within the United Nations system. It was established by Maurice Strong, its first director, after the United Nations Conference on the Human Environment in Stockholm in June 1972. Its mandate is to provide leadership, deliver science and develop solutions on a wide range of issues, including climate change, the management of marine and terrestrial ecosystems, and green economic development. The organization also develops international environmental agreements; publishes and promotes environmental science and helps national governments achieve environmental targets.
The World Economic Forum (WEF) is an international non-governmental organization, think tank, and lobbying organisation based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer Klaus Schwab.
ActionAid is an international non-governmental organization whose stated primary aim is to work against poverty and injustice worldwide.
Stockholm International Peace Research Institute (SIPRI) is an international institute based in Stockholm. It was founded in 1966 and provides data, analysis and recommendations for armed conflict, military expenditure and arms trade as well as disarmament and arms control. The research is based on open sources and is directed to decision-makers, researchers, media and the interested public.
The International Institute for Democracy and Electoral Assistance is an intergovernmental organization that works to support and strengthen democratic institutions and processes around the world, to develop sustainable, effective and legitimate democracies. It has regional offices in Europe, Latin America and the Caribbean, Asia and the Pacific, Africa and West Asia, and North America. The organization is headquartered in Stockholm, Sweden.
Ceres is a non-profit sustainability advocacy organization based in Boston, Massachusetts, and founded in 1989. As of May 2017, its president is Mindy Lubber.
A global catastrophic risk or a doomsday scenario is a hypothetical event that could damage human well-being on a global scale, even endangering or destroying modern civilization. An event that could cause human extinction or permanently and drastically curtail humanity's existence or potential is known as an "existential risk".
Planetary boundaries are a framework to describe limits to the impacts of human activities on the Earth system. Beyond these limits, the environment may not be able to self-regulate anymore. This would mean the Earth system would leave the period of stability of the Holocene, in which human society developed. The framework is based on scientific evidence that human actions, especially those of industrialized societies since the Industrial Revolution, have become the main driver of global environmental change. According to the framework, "transgressing one or more planetary boundaries may be deleterious or even catastrophic due to the risk of crossing thresholds that will trigger non-linear, abrupt environmental change within continental-scale to planetary-scale systems."
László Szombatfalvy was a businessman and author living in Stockholm, Sweden. Szombatfalvy fled to Sweden in 1956 following the Hungarian uprising of that year. He arrived with empty-handed and initially worked a variety of jobs, including as a magician in the refugee camps, before gradually becoming interested in the stock market. His interest in stocks led to his development of a method of risk calculation for investments for which he became well known on the Swedish stock market. In the late 1980s his interests turned toward entirely different matters and he withdrew from the market. Over the last years of his life he focused his attention on the application of his risk assessment method to new fields.
Climate change is a critical issue in Bangladesh. as the country is one of the most vulnerable to the effects of climate change. In the 2020 edition of Germanwatch's Climate Risk Index, it ranked seventh in the list of countries most affected by climate calamities during the period 1999–2018. Bangladesh's vulnerability to the effects of climate change is due to a combination of geographical factors, such as its flat, low-lying, and delta-exposed topography. and socio-economic factors, including its high population density, levels of poverty, and dependence on agriculture. The impacts and potential threats include sea level rise, temperature rise, food crisis, droughts, floods, and cyclones.
The Centre for the Study of Existential Risk (CSER) is a research centre at the University of Cambridge, intended to study possible extinction-level threats posed by present or future technology. The co-founders of the centre are Huw Price, Martin Rees and Jaan Tallinn.
Erik Berglöf is a Swedish economist, currently the Chief Economist of the Asian Infrastructure Investment Bank (AIIB), the Beijing-based multilateral development bank established in 2016 with a mission to improve social and economic outcomes in Asia. In March 2019 Erik Berglöf was appointed to the European Council's High Level Group of Wise Persons on the European financial architecture for development where Berglöf and eight other economists will suggest changes to the EU's development finance structure. In 2017–2018 Erik Berglöf served on the secretariat of the G20 Eminent Persons Group on Global Financial Governance and on the Governing Board of the Institute for New Economic Thinking in New York.
A Challenge Fund is a competitive financing facility to disburse donor funding for international development projects, typically utilizing public sector or private foundation funds for market-based or incentive driven solutions. As Irwin and Porteous (2005) observed, "In practice, the objective of a challenge fund is to provide the smallest possible financial contribution to a socially worthwhile project consistent with making it less risky and more financially sustainable to the private promoter." Applicant qualifications differ widely among challenge funds, but typically focus on non-state actors.
Feeding Everyone No Matter What: Managing Food Security After Global Catastrophe is a 2014 book by David Denkenberger and Joshua M. Pearce and published by Elsevier under their Academic Press.
Climate security is a political and policy framework that looks at the impacts of climate on security. Climate security often refers to the national and international security risks induced, directly or indirectly, by changes in climate patterns. It is a concept that summons the idea that climate-related change amplifies existing risks in society that endangers the security of humans, ecosystems, economy, infrastructure and societies. Climate-related security risks have far-reaching implications for the way the world manages peace and security. Climate actions to adapt and mitigate impacts can also have a negative effect on human security if mishandled.
Planetary health is a multi- and transdisciplinary research paradigm, a new science for exceptional action, and a global movement. Planetary health refers to "the health of human civilization and the state of the natural systems on which it depends". In 2015, the Rockefeller Foundation–Lancet Commission on Planetary Health launched the concept which is currently being developed towards a new health science with over 25 areas of expertise.
Mats Andersson, born 1954, is a Swedish financier and asset manager. After previous work at Warburg, Deutsche Bank, and Skandia Liv, he assumed the role as CEO for one of Sweden's major pension funds Fjärde AP-fonden (AP4) where he led the work to redirect investments in the energy sector towards fossil free companies within the government directive Fossilfritt Sverige that engages more than 200 companies, municipalities, counties, regions, and other organizations. He also actively collaborated with the United Nations to raise awareness of the risks climate change brings, from a finance and investment perspective.
Charlotte Petri Gornitzka is a Swedish management consultant and public administrator who served as Assistant Secretary-General of the United Nations and as deputy executive director of the United Nations Children’s Fund (UNICEF) from 2018 to 2023. She previously chaired the Development Assistance Committee (DAC) of the OECD from 2016 until 2018.
Florian Krampe is a German/Swedish political scientist and international relations scholar at the Stockholm International Peace Research Institute (SIPRI).[2] He is best known for his work on climate-related security risks, Environmental Peacebuilding, and the governance of natural resources after armed conflict. He also serves as Affiliated Researcher at the Research School for International Water Cooperation at the Department of Peace and Conflict Research at Uppsala University. Between 2020 and 2022 Krampe was cross appointed Specially Appointed Professor at the Network for Education and Research on Peace and Sustainability at Hiroshima University, Japan.