Project overview
As a direct follow-up to its work on risk governance deficits, IRGC is now focussing on emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant but which may not be fully understood and assessed, thus not allowing risk management options to be developed with confidence
This project will take place in two phases. Its purpose is not to develop a list of risks or possible future changes but, instead, to focus on how and why risks emerge (phase 1), and to develop practical guidelines for practitioners in business and the public sector, helping them improve their own capabilities to understand, anticipate and respond to emerging risks (phase 2). These guidelines may take the form of an emerging risk framework.
IRGC is working with its partners Swiss Reinsurance Company and Oliver Wyman Inc. on this project.
Project work on emerging risks would not have been possible without the generous support of IRGC’s donors, including the Swiss State Secretariat for Education and Research, the Swiss Agency for Development and Cooperation, the Government of Quebec, Alpiq Group, Swiss Reinsurance Company and Oliver Wyman Inc.
For more information on the emerging risks project, please contact Marie Valentine Florin