Strategic Outlook 2022 | Press Release


Dragonfly Ltd (‘Dragonfly’) has released Strategic Outlook 2022 – The Wrong Climate, its eighth annual forecast for security and intelligence leaders.

Dragonfly launches its Strategic Outlook of geopolitical and global security risks for 2022

  • Instability sustaining global supply chain disruption and driving inflation
  • The prospects of interstate conflict risks over Taiwan and Ukraine
  • Widening inequalities caused by pandemic fuelling unrest and terrorism

Dragonfly, a leading security and geopolitical intelligence firm, has launched Strategic Outlook 2022, its annual forecast on geopolitical, security and crisis risks for the year ahead.

Broken down thematically and geographically, Strategic Outlook 2022 sets out a detailed picture of the political stability and security landscape for the next 12 months. It provides intelligence-based insights and early warning for leading global organisations to anticipate threats, plan their operations, and sustain their business advantage.

This year’s forecast includes in-depth assessments on the stability prospects for all major regions, such as North America, the Middle-East, Asia, Africa and Europe, with special coverage on Covid-19 disruptions and forecasts for when countries will return to ‘normality’, climate change, and ongoing disruption to global supply chains.

Key trends and forecasts that Dragonfly project and assess for 2022 include:

  • How US President Biden’s approach to the build-up of Russian military forces near the Ukraine border may throw NATO, the EU and the US into a crisis of strategic credibility
  • Why tensions between Taiwan and China make Asia Pacific the most politically charged region going into 2022, and the outlook for armed conflict over the Taiwan issue in 2022
  • The prospect of economic decoupling between the US and China and how this may affect western economies
  • The threat IS-K poses to Taliban control in Afghanistan in 2022 and to global security
  • How 2022 is likely to see a rising tide of xenophobia, racism, hate crimes, and extreme right wing terrorism in European countries like Germany, Italy, the Netherlands, Sweden and the UK
  • How and where Covid-19 is likely to remain the primary operational challenge facing global businesses, as disparity in vaccine rollout among countries means more variants are likely to develop in 2022 and impact economic recovery
  • How corporations will come under increasing pressure to take positive action on climate change in 2022 amid a rising tide of climate activism on the streets, in AGMs, and in the consumer market

Henry Wilkinson, Chief Intelligence Officer at Dragonfly, says: “What we forecast in 2022 are the implications of deepening systemic shifts in the international system. The rules-based international order continues to weaken in the face of waning US commitment to uphold it, disunity between democracies, and an intensifying spread of authoritarianism. The landscape remains extremely challenging for global businesses, and the state of world politics is highly unfavourable to meet wide-ranging threats and global risks. These include the impacts of the Covid-19 Omicron variant, strategic competition between the US and China, rising tensions over Ukraine and Taiwan, entrenching conflicts in Africa, widening inequalities globally, and acute and chronic environmental crises.

“Although the geostrategic outlook is generally pessimistic for 2022, chinks of positivity can be found. We anticipate improvements in the Middle East, after years of worsening instability and insecurity, including a probable US-led deal with Iran on its nuclear programme. The strength of the global economic rebound also suggests many countries and regions will emerge in bruised but reasonable shape in 2022, albeit vulnerable to wider instability and new coronavirus variants that may emerge. This is a positive change from last year, but it is still not a climate where a sense of normalcy is likely to prevail.”

Regional balance in Asia-Pacific region. Credit Dragonfly Strategic Outlook 2022

The Strategic Outlook 2022 is presented in a highly visual manner, supplemented by interactive infographics (such as the one above), maps and diagrams.

A copy of the report is available on 


Ends –


For further details or to arrange an interview with Henry Wilkinson, Chief Intelligence Officer at Dragonfly please contact:

Chiara Barreca/ Alastair Doyle/ Julia Niedoborek – Four Communications

+44 (0) 20 3697 4200/ +44 (0)7825 095 130


Notes to Editors

About Dragonfly

Launched in July 2021, Dragonfly is the new identity of the former Intelligence & Analysis practice of The Risk Advisory Group. 

Dragonfly is a geopolitical and security intelligence service for the world’s leading organisations. From the highest risk environments to the boardroom, Dragonfly enables its clients to make confident decisions and put them ahead of risks to achieve their goals. Dragonfly goes beyond the limits of real-time information to deliver early warning intelligence, by fusing the multiplying power of knowledge, data, technology, service, capability and human expertise.

Its flagship Security Intelligence & Analysis Service (SIAS) provides bespoke, forward-looking and actionable all-source security intelligence, including in-depth assessment, risk modelling and analytics.

Dragonfly has a global presence, with offices in London, New York, Washington, D.C. and Singapore.

Further information about the full suite of Dragonfly’s security intelligence services is available at

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