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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

Update

To reduce disaster risk, we must recognize and address complex links between humans and wildlife

One Health is an approach that recognizes the interconnections of humans, animals, plants, and the environment, and encourages cross-sectoral efforts to promote the well-being of all living things.
United States Agency for International Development (USAID)
Status of Science and Technology in Disaster Risk Reduction
Documents and publications

Status of science and technology in disaster risk reduction in Asia-Pacific 2022

An online survey was conducted by the Asia-Pacific Scientific and Technology Advisory Group (AP-STAG) in February 2022 to assess the implementation of the S&T Roadmap in the Asia-Pacific region and it was disseminated widely in various countries.
Cover
Documents and publications

Scoping study on compound, cascading and systemic risks in Asia-Pacific

This study presents an important opportunity to explore the challenges and potential associated with better understanding and managing of compound, cascading and systemic risks in the Asia Pacific region.
This image shows the first page of the GAR2022.
Documents and publications

Global Assessment Report on Disaster Risk Reduction 2022 (GAR)

The central question for this Global Assessment Report on Disaster Risk Reduction 2022 (GAR2022) is how governance systems can evolve to better address the systemic risks of the future. Disaster impacts increasingly cascade across geographies and sectors.
This image shows students wearing masks and a motorcycle driving through flooded streets.
Update

Five lessons from COVID-19 on understanding and managing systemic risks

In an increasingly interconnected world, shocks are felt across sectors, borders and scales, revealing the systemic nature of risks. This holds true for the ongoing COVID-19 pandemic, for the effects of climate change, and also of newly emerging crises
United Nations Office for Disaster Risk Reduction (UNDRR)
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Documents and publications

Understanding and managing cascading and systemic risks: Lessons from COVID-19

The analysis of the COVID-19 crisis through multiple case studies unveiled complex and multi-faceted webs of cascading and systemic risks and impacts. Key in the analysis is the characterization of the network and system structure, and network dynamics.
Research briefs

Texas cold snap highlights need for improved power systems

Researchers from the U.S. Department of Energy’s (DOE) Argonne National Laboratory studied the 2021 Texas cold wave from another angle: how Texas and other parts of the country can improve power system planning and electricity market operations.
Argonne National Laboratory
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Documents and publications

Disaster risk governance: Recipe to effective disaster risk management in times of COVID-19

This document has been developed as an outcome of the 2 days virtual workshop conducted jointly by the Government of India and the Gujarat Institute of Disaster Management for the BIMSTEC Member Countries on the 17th and 18th of September, 2021.
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