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The World Economic Forum’s 2011 Global Risks Report ranks climate change as one of the greatest risks, far outweighing other traditional risks such as terrorism and nuclear proliferation (though those risks should not be minimized, given their devastating potential). A risk “score” is determined by how likely a particular threat is, and how great the impact of that threat, if it materialized, would be. In this context, climate change is seen as a highly probable and high impact risk. (more…)