A global catastrophic risk (GCR) is an event that poses a risk of major harm on a global scale.[1]
GCRs risks include, but are not restricted to, existential risks. Examples of non-existential GCRs include risks of hundreds of millions of people dying due to a natural pandemic or due to anthropogenic climate change.
Such catastrophic risks have obviously bad direct effects: they may involve many people dying, or our technological capabilities being greatly reduced. There may also be bad indirect effects, for instance by destabilizing political systems in a way that increases the likelihood of war or totalitarian government.
Some GCRs which are not themselves existential risks could still increase existential risk via their indirect effects. Such GCRs may be regarded as existential risk factors, or as components of a compound existential risk. Arguably, climate change might increase political tensions, hastening nuclear or biological warfare. Alternatively, civilization could eventually rebound to something like its previous state. The Black Death—the deadliest catastrophe in human history—killed something like 10% of the world’s population without obviously affecting humanity’s long-term potential.[2]
Even if global catastrophic risks do not pose an existential risk, they might still be high priority causes justified purely by their nearer-term consequences.