All change entails risks, but the potential for harm is often tightly intertwined with potential benefits and opportunities. Risk governance allows societies to benefit from change—helping to create the necessary conditions for innovation to take place—while minimising the negative consequences of any associated risks. The governance of global, systemic risks is a particular challenge, requiring cohesion between countries and the inclusion and collaboration of government, industry, academia and civil society.
The IRGC approach is a pragmatic and problem-driven approach. We define
- Risk, as the uncertain consequences of an activity or event with respect to something that humans value.
- Governance, as the actions, processes, traditions and institutions by which authority is exercised and decisions are taken and implemented.
- Risk governance, as the application of governance principles to the identification, assessment, management and communication of risks.
These concepts provide the foundation for IRGC’s work, which involves developing frameworks and guidelines, and adapting them to help respond to particular policy challenges. Read more about the full range of our activities on our website. Some of our key publications are highlighted in the list below.
IRGC Risk Governance Framework
- The IRGC Risk Governance Framework, 2005
- Introduction to the IRGC risk governance framework, Revised version, IRGC, 2017
Guidelines for emerging risk governance
Governance of systemic risks
- Governance of slow-developing catastrophic risks: Fostering complex adaptive system and resilience thinking, 2015, Report
- IRGC guidelines for the governance of systemic risks, 2018, Report
- Resource guide on resilience, 2016, Volume 1
- Resource guide on resilience, 2018, Volume 2
- Critical infrastructure resilience – Lessons from insurance, 2019, Policy brief
- Improving risk regulation, 2015, Report
- Planning adaptive risk regulation, 2016, Conference report
- Transatlantic patterns of risk regulation, 2017, Report
- Involving stakeholders in the risk governance process, 2020, Guidebook
- Risk governance and the low-carbon transition, 2021, Policy brief
Sustainability of emerging technologies
- Ensuring the environmental sustainability of emerging technologies