Many thanks for your question.
Improving the global socio ecological system is a major challenge which many are trying to address. Attempts for improvement, in my view, should be informed by the following considerations:
1. the global socio ecological system of based on certain dynamics of the use, production and distribution of resources leads to an unequal distribution of benefits and risks arising form the various human and economic activities. This unequal distribution of benefits and risks leads to an unequal distribution of exposure, vulnerability, risk and indeed disaster losses, which tend to be disproportionately concentrated among the poor and the marginalised households, communities and sectors within countries; and indeed also disproportionately concetrated in poorer countries (in terms of human exposure and relative size of economic assets in comparison to total GDP).
2. There is a need to embody and adopt the principles of sustainable growth, and sustainable development, at the heart of the various human and economic activities. This way of thinking is being promoted by various international initiatives such as the MDG, HFA, UNFCCC, etc.
3. The above requires a hierarchy for assessing impact and benefits of major national and international economic decisions, where their inherent ecological sustainability, and their ability to promote sustainable development, must be given high priority and weight.
4. A major challenge is that risk transfer mechanisms are very limited and are currently unable to follow the distribution of benefits and risks arising from the various economic activities at both international and national levels.
5. Another challenge is that such decisions are not always discussed in an open forum that provides equal access to power and the decision making process for all stakeholders, including the most vulnerable communities, sectors and nations,
6. However, progress is being achieved along several fronts, including:
a. increased awareness of our interconnectedness where it is difficult in the long run to have sustainable growth in one country or part of the world, while other parts are subject to socio-ecological degradation
b. improved tools for tracking risk transfer mechanisms, and increased awareness on the importance of such tools
c. improved awareness by governments and investors alike, on the need for sustainable growrh
d. increasing acceptance that the most vulnerable communities and nations constitute a necessary part of any successful solution, which needs to (amongst other things) provide them with access to power and the decision making process
7. Notwithstanding the above progress, increased effort could be directed, in my view, on:
a. further improve tools for risk transfer tracking, including using the most up to date available technology including big data solutions, social media, etc
b. Contextualise capacity building for vulnerable communities and nations, as well as capacity building campaigns in general. This can only be done by contextualised capacity, vulnerability and needs assessment that is both participatory and gender dis-aggregated, and that accounts for the various social, economic, institutional, political, physical, cultural and natural factors that contribute to vulnerability.
c. create linkages between building resilience against intensive and slowly unfolding risk (e.g. climate change and extreme events) and everyday risk and everyday priorities within vulnerable communities.
d. Improve the tools for analyzing the ability to effect change, and analyze the political-economy decision making process in general, at different stages of the risk governance framework (risk pre-assessment, technical and societal risk appraisal, risk evaluation, risk management and risk communication).