Energy

A Systemic Risk Assessment Methodological Framework for the Global Polycrisis

The paper examines two historical global food–energy crises, highlighting the limitations of traditional risk management approaches in addressing today’s complex and interconnected global risks. The authors propose a methodological framework for assessing systemic risks in a global polycrisis context, which includes exploring system architectures, considering transformational responses away from risks, and applying cross-cutting practices. They […]

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Exploring the interdependence of climate, finance, energy, and geopolitics: A conceptual framework for systemic risks amidst multiple crises

This study proposes a framework to analyze the dynamics and risk channels between the climate crisis, financial stability, the geopolitical energy crisis, and the energy transitions. The framework is presented in a step-by-step guide and applied in a study case in Germany.

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WTW Research Network Risk & Resilience Review: Emerging Risks from Geopolitical Shifts

This report by the WTW Research Network “introduces research and opinions that provide new perspectives to support risk management and resilience.” In particular, this report focuses on WTW’s work in geopolitics, topics such as supply chains, national competition, and emerging risks and their interconnectivity. WTW posits that the topics covered “highlight a need for an

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Mitigating Global Warming is Not Our Only Problem: Are We “Sleepwalking” Towards a Global Polycrisis?

William White argues that climate policy around the world is lacking in dimensions of “should” (clear analysis of what must be done), “could” (the power to implement solutions), and “would” (the actual use of that power to address the problem). The even greater challenge, however, is that climate change is not the only global systemic

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The Great Disruption has Begun

Paul Gilding argues that the world has reached “a multi-system tipping point” that will bring “the Great Disruption”: “a destabilisation of the global climate system at a scale that is so chaotic, unpredictable and costly, it will trigger cascading disruptive change in the global economy, national politics, investment markets and geopolitical security.” Gilding predicts that

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World Economic Forum’s Global Risks Report 2023

Global Risks Report 2023

This 18th edition of the World Economic Forum’s Global Risks Report is based on a risk perceptions survey of 1200 experts on the likelihood, severity, and interconnections between 37 global risks. It finds that the biggest risk in the next two years is the cost of living crisis, and the biggest risk in the next

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Top Risks 2023

Ian Bremmer and Cliff Kupchan present their top ten geopolitical risks for 2023: an increasingly rogue and reckless Russia; an increasingly powerful and unconstrained Xi Jinping; the weaponization of artificial intelligence; shockwaves of global inflation; Iran backed into a corner; higher energy prices; reversals of development; political divisions in the United States; the disruptive digital

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The Breakthrough Effect: How to Trigger a Cascade of Tipping Points to Accelerate the Net Zero Transition

The Breakthrough Effect: How to Trigger a Cascade of Tipping Points to Accelerate the Net Zero Transition

This report analyzes actionable “tipping points” within global energy systems (fertilizer, shipping, power, etc.) that could produce a cascade of emissions reductions. The technology adoption needed to reach these positive tipping points is dependent on cost-effectiveness, attractiveness, and accessibility, but if these barriers are overcome, it could result in massive, self-reinforcing environmental improvements. The authors

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