Lecture

Emerging Risks: Definition, Characteristics, and Governance

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In course

HUM-367: Risk governance

Le cours étudie les risques et bénéfices liés aux nouvelles technologies, en appliquant les principes de la gouvernance des risques. Il discute en particulier l'importance des approches interdisciplinaires, de la consultation des différents acteurs et de l ...

Description

This lecture discusses the definition and characterization of risks, distinguishing between familiar risks and emerging risks marked by uncertainty. It explores types of emerging risks in complex systems and the importance of scientific knowledge in managing them. The lecture also covers creating the basic conditions for governing emerging risks, including establishing risk governance strategies, incentives for active monitoring, and strategies for anticipating and adapting to future uncertainties. Additionally, it outlines processes for emerging risk governance, such as scenario development, risk management options, and decision-making frameworks. The lecture concludes with a focus on understanding the present, exploring future scenarios, and identifying contributing factors to risk emergence.

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Instructor

Marie-Valentine Renée Agnès Florin

Marie-Valentine Florin is the executive director of the International Risk Governance Center. She organises IRGC collaborative activities, focusing in particular on the role of IRGC as a multi-stakeholder platform and a convening place at the interface between science and public policy. She joined the International Risk Governance Council (IRGC Foundation) www.irgc.org in 2006.From 2000-2006, she worked for local authorities, helping them develop and implement strategies for sustainable development, and for philanthropic and humanitarian organisations. She spent the first part of her career (1984-1999) in an international socio-cultural research and marketing consulting firm. Marie-Valentine graduated from Science Po in Paris (public policy and management), and then earned post-graduate diplomas in marketing strategy, sustainable development and environmental diplomacy. Her current involvement in IRGC activities is mostly related to:- systemic risks and transitions, governance of risks related to emerging and converging technologies- digital policy, specific risks related to machine learning- precision medicine- synthetic biology- nanotechnology- climate engineering Member of Advisory Committee to the World Economic Forum Global Risk Report 2015-2021; Fellow of the Society of Risk Analysis (SRA).

Official source

Related concepts (31)

Scenario planning

Scenario planning, scenario thinking, scenario analysis, scenario prediction and the scenario method all describe a strategic planning method that some organizations use to make flexible long-term plans. It is in large part an adaptation and generalization of classic methods used by military intelligence. In the most common application of the method, analysts generate simulation games for policy makers.

Governance

Governance is the process of making and enforcing decisions within an organization or society. It is the process of interactions through the laws, social norms, power (social and political) or language as structured in communication of an organized society over a social system (family, social group, formal or informal organization, a territory under a jurisdiction or across territories). It is done by the government of a state, by a market, or by a network.

Decision-making

In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options. It could be either rational or irrational. The decision-making process is a reasoning process based on assumptions of values, preferences and beliefs of the decision-maker. Every decision-making process produces a final choice, which may or may not prompt action.

Global governance

Global governance refers to institutions that coordinate the behavior of transnational actors, facilitate cooperation, resolve disputes, and alleviate collective action problems. Global governance broadly entails making, monitoring, and enforcing rules. Within global governance, a variety of types of actors – not just states – exercise power. Governance is thus broader than government. Global governance began in the mid-19th century. It became particularly prominent in the aftermath of World War I, and more so after the end of World War II.

Emerging technologies

Emerging technologies are technologies whose development, practical applications, or both are still largely unrealized. These technologies are generally new but also include older technologies finding new applications. Emerging technologies are often perceived as capable of changing the status quo. Emerging technologies are characterized by radical novelty (in application even if not in origins), relatively fast growth, coherence, prominent impact, and uncertainty and ambiguity.

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