The WEF’s 2024 report The Cost of Inaction warns that failing to address global risks—climate change, inequality, digital threats, and health crises—will carry exponentially higher costs than proactive action. It highlights how delayed responses erode resilience, increase financial burdens, and deepen social divides. The report calls for urgent investment in green infrastructure, inclusive growth, digital safety, and health systems. It stresses that collective action, long-term planning, and international cooperation are essential to avoid systemic collapse. By acting decisively now, governments, businesses, and civil society can reduce risks, unlock innovation, and secure sustainable prosperity.

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