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Emerging Risks - Project Overview
- Emerging Risks - Project Overview
- Project Phase 1
- Project Phase 2
As a direct follow-up to its work on risk governance deficits, IRGC is now focusing on emerging risks (2010/2011). 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 takes 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).
IRGC is working with its partners Swiss Reinsurance Company and Oliver Wyman Inc. on this project.
Download:
Emerging risks - Sources, drivers and governance issues (Concept Note), IRGC, 2010 [PDF]
The Emergence of Risks: Contributing Factors (Report), IRGC, 2010 [PDF]
Improving the Management of Emerging Risks: Risks from new technologies, system interactions and unforeseen or changing circumstances (Concept Note), IRGC, 2011 [PDF]
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