Our Polycrisis Demands a Radically New Approach to Risk Management

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Ruth Richardson, the Executive Director of the Accelerator for Systemic Risk Assessment, argues that the “escalating global polycrisis demands an urgent and transformative shift in how we assess, anticipate, and mitigate systemic risks.” She then suggests a range of practical actions governments could take to better contend with polycrisis, such as creating a Minister for Systemic Risk position, convening citizen assemblies, and pursuing participatory budgeting.

Author(s)

Ruth Richardson

Publication Date

23 July 2024

Publisher

Open Access Government

DOI / URL

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Resource Type

News Article

Resource Theme

Disaster Prevention and Response • Systemic Risk

Uses the term polycrisis

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