What is it about?
Many catastrophic risks are major threats to the wellbeing of society. Such risks are called systemic risks. They threaten the functionality of vital services to society such as electricity production, water supply, climate stability, cyber-security and amny others. With the assisatnce of complex models we may be able to find early warning signals to be informed about pending catastrophes before they occur.
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Why is it important?
Catastrophic risks are the main challanges towards future development in a globalized wolrd. They could endanger millions of lives, as well as the conditions for a humane social and a sustaining natural environment.
Perspectives
This is a theoretical piece that lays the ground for more empirical and practical research. The ultimate goal is to be better prepared for coping with systemic risks.
Prof. Dr. Drs. h.c. Ortwin Renn
Research Institute for Sustainability - Helmholtz Center Potsdam (RIFS) -
Read the Original
This page is a summary of: Things are different today: the challenge of global systemic risks, Journal of Risk Research, December 2017, Taylor & Francis,
DOI: 10.1080/13669877.2017.1409252.
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