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Systemic Risk

Systems can be affected by critical events or shocks that occur outside or within the system. Systemic risk is associated with cascading impacts that spread within and across systems and sectors via the movements of people, goods, capital and information within and across boundaries. The spread of cascading impacts can lead to potentially existential consequences and system collapse across a range of time horizons.

Latest Systemic Risk additions in the Knowledge Base

Documents and publications

Enhancing resilience of systems to individual and systemic risk: steps toward an integrative framework

Individual risks and systemic risks represent two ends of a continuum and therefore should not be analyzed in isolation, but in an integrative manner.
Update

A cascade of COVID-19 and climate extremes call for new algorithms to protect at-risk communities

South Asia has been suffering from pandemic and climate extremes along with socio-economic vulnerabilities. Three key breakthroughs will deal with delemmas.
United Nations Economic and Social Commission for Asia and the Pacific (UN-ESCAP)
Update

5 honest truths about climate change and COVID-19

A summary of Acclimatise's initial thoughts on the COVID-19 outbreak and what COVID-19 means in the context of a changing climate.
Acclimatise
Update

UK’s critical infrastructure faces systemic risks from climate change

The UK’s critical infrastructure is vulnerable to climate change. The interconnected nature of these systems means that shocks to one area often spread to other sectors.
Acclimatise
Documents and publications

Measuring, modeling, and managing systemic risk: the missing aspect of human agency

It is problematic to treat systemic risk as a merely technical problem that can be solved by natural-science methods and through biological and ecological analogies.
Update

Flash floods submerge 90% of Iran: Could the devastation have been avoided?

Better preparedness could have limited the immense damage when flash floods in Iran affected ten million people. Authorities face criticism for a delayed response and the redirection of floodwaters towards populated areas.
Internal Displacement Monitoring Centre (IDMC)
Update

Unprecedented risks, unprecedented foresight: A “responsibility to prepare” strategy for the United States in 2020

While the U.S. faces unprecedented security risks from climate change, it also has access to technologies that offer useful foresight. A new U.S. approach to national security should include three pillars: threat prevention, preparation and foresight.
Center for Climate and Security, the

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