World facing ‘most complex’ situation in decades: WEF

President and CEO of the World Economic Forum Borge Brende speaks with media ahead of the WEF Annual Meeting of the New Champions in Tianjen, China. (AFP)
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Updated 24 June 2025
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World facing ‘most complex’ situation in decades: WEF

TIANJEN: The world is facing the “most complex” geopolitical situation seen in decades, the head of the World Economic Forum (WEF) told AFP Tuesday, warning that turmoil was “impacting global growth.”
“It is the most complex geopolitical and geo-economic backdrop we’ve seen in decades,” WEF President and CEO Borge Brende said ahead of a meeting of the multilateral forum in the northern Chinese city of Tianjin.
“If we are not able to revive growth again, we can unfortunately see a decade of lower growth,” he warned.
Officials including Singaporean Prime Minister Lawrence Wong will attend this week’s WEF meeting in the port city of Tianjin — known colloquially as the “Summer Davos.”
The meeting comes hard on the heels of the United States’ involvement in the Iran-Israel conflict and follows months in which the global economy has been battered by a tariff war launched by US President Donald Trump.
Brende told AFP it was still too soon to predict the impact of Trump’s swingeing tariffs.
It is “too early to say what these tariffs will end with because the negotiations are still ongoing,” he said.
“I think the jury is still out, but the traditional globalization we saw is now changed into a different system,” he said.
“That is a new chapter... especially since trade was the engine of growth.”
Brende also warned mounting conflict could have a “very negative impact” on global growth.


2025 among world’s three hottest years on record, WMO says

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2025 among world’s three hottest years on record, WMO says

  • All eight datasets confirmed that the last three years were the planet’s three hottest since records began, the WMO said
  • The slight differences in the datasets’ rankings reflect their different methodologies and types of measurements

BRUSSELS: Last year was among the planet’s three warmest on record, the World Meteorological Organization said on Wednesday, as EU scientists also confirmed average temperatures have now exceeded 1.5 degrees Celsius of global warming for the longest since records began.
The WMO, which consolidates eight climate datasets from around the world, said six of them — including the European Union’s European Center for Medium-Range Weather Forecasts (ECMWF) and the British national weather service — had ranked 2025 as the third warmest, while two placed it as the second warmest in the 176-year record.
All eight datasets confirmed that the last three years were the planet’s three hottest since records began, the WMO said. The warmest year on record was 2024.

THREE-YEAR PERIOD ABOVE 1.5 C AVERAGE ⁠WARMING LEVEL
The slight differences in the datasets’ rankings reflect their different methodologies and types of measurements — which include satellite data and readings from weather stations.
ECMWF said 2025 also rounded out the first three-year period in which the average global temperature was 1.5 C above the pre-industrial era — the limit beyond which scientists expect global warming will unleash severe impacts, some of them irreversible.
“1.5 C is not a cliff edge. However, we know that every fraction of a degree matters, particularly for worsening extreme weather events,” said Samantha Burgess, strategic ⁠lead for climate at ECMWF.
Burgess said she expected 2026 to be among the planet’s five warmest years.

CHOICE OF HOW TO MANAGE TEMPERATURE OVERSHOOT
Governments pledged under the 2015 Paris Agreement to try to avoid exceeding 1.5 C of global warming, measured as a decades-long average temperature compared with pre-industrial temperatures.
But their failure to reduce greenhouse gas emissions means that target could now be breached before 2030 — a decade earlier than had been predicted when the Paris accord was signed in 2015, ECMWF said. “We are bound to pass it,” said Carlo Buontempo, director of the EU’s Copernicus Climate Change Service. “The choice we now have is how to best manage the inevitable overshoot and its consequences on societies and natural systems.”
Currently, the world’s long-term warming level is about 1.4 C above the pre-industrial era, ECMWF said. Measured on a short-term ⁠basis, average annual temperatures breached 1.5 C for the first time in 2024.

EXTREME WEATHER
Exceeding the long-term 1.5 C limit would lead to more extreme and widespread impacts, including hotter and longer heatwaves, and more powerful storms and floods. Already in 2025, wildfires in Europe produced the highest total emissions on record, while scientific studies confirmed specific weather events were made worse by climate change, including Hurricane Melissa in the Caribbean and monsoon rains in Pakistan which killed more than 1,000 people in floods.
Despite these worsening impacts, climate science is facing political pushback. US President Donald Trump, who has called climate change “the greatest con job,” last week withdrew from dozens of UN entities including the scientific Intergovernmental Panel on Climate Change.
The long-established consensus among the world’s scientists is that climate change is real, mostly caused by humans, and getting worse. Its main cause is greenhouse gas emissions from burning fossil fuels like coal, oil and gas, which trap heat in the atmosphere.