“Spotlight on risk” is a new IRGC series of short articles on risk governance and related topics. The first two articles in the series focus on aspects of the Covid-19 crisis.
Low-carbon transition risk
In this article, we look at the countervailing risks associated with the transition to a low-carbon economy and society. The low-carbon transition is becoming increasingly urgent as evidence of climate change mounts, but ensuring a smooth transition calls for more work to assess, evaluate and mitigate various risks that are likely to arise.
This article assesses the risk-risk trade-off between privacy and efficacy that the use of contact tracing apps entails. It argues for the use of privacy-preserving apps, but highlights potential weaknesses and cautions against allowing digital tracing to detract from other pillars in the pandemic response.
The Covid-19 crisis has required policymakers to take high-stakes decisions under conditions of uncertainty and compressed timescales. In this article we use our risk governance framework to outline the key stages of the evolution of the crisis, and ask what lessons might be learned for the immediate future.