Systemic Risk

United Nations Office for Disaster Risk Reduction - Regional Office for Asia and Pacific
United Nations Entity for Gender Equality and the Empowerment of Women
Long lines at a grocery store following power outages and frigid temperatures in Texas, USA (2021)
Texas was facing a disaster – but the natural hazard was only the trigger. The failure of power grids is a technological consequence: one that can be measured, quantified and ultimately reduced.
Demolition of silos.
Disasters unfold across national boundaries, involving a range of interrelated hazards and complex dynamics. To tackle disaster risks and build resilience, it will require a united effort to move beyond working in silos.
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This contributing paper reviews the governance of systemic risk with the aim to identify opportunities and enabling factors for improving governance by managing what are increasingly interdependent risks with the potential for cascading impacts.
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This contributing paper explores the necessity of reflexive and adaptive systemic transitions and deep institutional change for socio-ecological sustainability to occur. 
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The objective of this contributing paper is to highlight how systemic risk, as other risk categories, are socially constructed, and to identify guiding principles for systemic risk governance that can acted on and provide entry points for stakeholders.
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This contributing paper proposes a new typology of an adaptation strategy – conversion strategy – as a countermeasure to manage risks in interconnected supply chains in the private sector during the pandemic.
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This contributing paper takes a look at how Australia is actively learning to navigate governance and capability challenges to create environments in which all sectors are enabled to reduce complex systemic risks.
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This contributing paper examines the need to create new governing systems at the local level that allow actors and institutions to simultaneously manage the interplays of single and multi-hazards and other residual risks.
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This contributing paper examines how different constituent systems (sibling systems) of a larger system react and propagate reverberations affecting the overall system using a novel visualisation tool – Sibling System State Diagram (SSSD).