Risk governance

Summary

Risk governance refers to the institutions, rules conventions, processes and mechanisms by which decisions about risks are taken and implemented. It can be both normative and positive, because it analyses and formulates risk management strategies to avoid and/or reduce the human and economic costs caused by disasters. Risk governance goes beyond traditional risk analysis to include the involvement and participation of various stakeholders as well as considerations of the broader legal, political, economic and social contexts in which a risk is evaluated and managed. The scope of risk governance encompasses public health and safety, the environment, old and new technologies, security, finance, and many others. As an interdisciplinary field of research, risk governance draws insight from such diverse fields as toxicology, epidemiology, psychology, sociology, anthropology and economics. See also International Risk Governance Center

Official source

https://en.wikipedia.org/wiki/Risk_governance

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The course offers an opportunity for students to meet the challenge of producing and communicating scientific evidence to an international policy making audience by participating in an International Risk Governance Center (IRGC) expert workshop and contributing to the writing of a policy brief.

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Introduction to the IRGC Risk Governance Framework

Marcel Thomas Bürkler, Marie-Valentine Renée Agnès Florin

The IRGC Framework recommends a holistic, multidisciplinary and multistakeholder approach to risk. It supports processes that aim to provide and structure scientific evidence about a risk in a societal context. It helps decision-makers analyse the major ambiguities and controversies that may affect the management of a risk. The Framework provides guidance to cope with risks in situations of high complexity, uncertainty or ambiguity. It can support the detection of current or potential deficits within the risk governance process, and provide guidance for their remediation. Its application enables decision-makers to act on the basis of evidence, transparent assumptions, and broad societal values and interests. The IRGC Risk Governance Framework is a generic resource meant to be tailored to the specific context and needs of each risk governing organisation. The Framework as a whole -or specific parts of it- are often used as a basis or inspiration for an organisation to develop its own risk management framework.

EPFL2017

Risk Governance Deficits. An Analysis and Illustration of the Most Common Deficits in Risk Governance

Marie-Valentine Renée Agnès Florin

IRGC defines risk governance deficits as deficiencies (where elements are lacking) or failures (where actions are not taken or prove unsuccessful) in risk governance structures and processes. They hinder a fair and efficient risk governance process. The deficits described by IRGC in this report have recurred over time and have affected risk governance in many types of private and public organisations, and for different types of risks. This report aims to help risk decision-makers in government and industry understand both the causes of deficits in risk governance processes and their capacity to aggravate the adverse impacts of a risk. With this understanding, it is hoped that risk practitioners will be able to identify and take steps to remedy significant deficits in the risk governance structures and processes.

Risk Governance Council2009

Risk governance: An Overview of Drivers and Success Factors

Marie-Valentine Renée Agnès Florin

This paper proposes a broad review of what risk governance is about and the main deficits that often hinder effective governance of complex, uncertain or systemic risks. Working to overcome identified roadblocks to effective disaster risk management is a first way to go. This paper proposes and discusses some of the drivers and hallmarks of success, focusing on how countries and organisations organise internally to deal with risk.

International Risk Governance Council (IRGC)2014