The latest Conflict Intensity Index published by Verisk Maplecroft reveals a 65% increase in global conflict zones, now affecting 4.6% of the world’s landmass.
Hugo Brennan commented on the necessity for global businesses to understand that conflicts in faraway regions can disrupt supply chains and affect economic landscapes worldwide.
The report states that the equivalent of 6.15 million square kilometers is now afflicted by internal and external fighting, showing a significant rise in conflict intensity.
Conflict risks have been increasing, with a notable uptick since 2021, impacting global economic conditions and struggling with food security across numerous affected countries.
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