Staff Picks

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Our staff selected and curated some articles which in their view are not only noteworthy reading but also have the silver lining of public risk management. The articles demonstrate or embed the overall  focus on public values and are relevant for the to the public domain related organisations.

 

Volume loss from Antarctic ice shelves is accelerating

Source: Science “The floating ice shelves surrounding the Antarctic Ice Sheet restrain the grounded ice-sheet flow. Thinning of an ice shelf reduces this effect, leading to an increase in ice discharge to the ocean. Using eighteen years of continuous satellite radar altimeter observations we have computed decadal-scale changes in ice-shelf thickness around the Antarctic continent. Overall, average ice-shelf volume change accelerated from negligible loss at 25 ± 64 km3 per year for 1994-2003 to rapid loss of 310 ± 74 km3 per year […]

Coming to terms with terror

SEROS – Centre for Risk Management and Societal Safety How will the terrorist attacks in Norway on 22 July change the country? That question has been put to three social scientists at the University of Stavanger (UiS). “Norwegians are still in a state of shock,” says professor Odd Einar Olsen. “These incidents were so extensive and gruesome that people need time to come to terms with them.” He is very interested to see what content Norway will give to promises made […]

UK cyber security: the role of insurance in managing and mitigating the risk

From the formal press release: “A new report has been published on the joint initiatives between government and the insurance sector to tackle cyber risk. Last year 81% of large UK businesses and 60% of small companies suffered a cyber security breach. A report published on 23 March by HM Government and Marsh, one of the UK’s leading insurance brokers and risk advisors, announces new joint initiatives between government and the insurance sector to help firms get to grips with […]

Manifesto for local economies

A thorough manifest focused on a fundamental shift in the way policy and economic development is designed, legislated for, strategised and delivered. The Centre for Local Economic Strategies is convinced that recent approaches do NOT have delivered strong enough social or local economic outcomes to deal with the issues many individuals and communities face. A clear statement. They plea (quoted from the report) for: More local control: CLES believes in devolution. However any devolution must be comprehensive and secure a more positive economic […]

Aon’s Political Risk Map 2015

A guide to measure risks in emerging markets. Emerging markets continue to be attractive for businesses seeking alternative areas for growth. However, in less mature economies, assets, contracts and loans can be adversely affected by government action or inaction. In today’s economic and geopolitical environment, it is crucial for organisations to have a comprehensive high level overview of their exposure to political risk on a portfolio basis. Planning ahead and adapting risk strategies according to the level of risk in countries […]

Global Risks Report 2015

Press Release: “London, United Kingdom, 15 January 2015 – The biggest threat to the stability of the world in the next 10 years comes from the risk of international conflict, according to the 10th edition of the Global Risks report, which is published today. The report, which every year features an assessment by experts on the top global risks in terms of likelihood and potential impact over the coming 10 years, finds interstate conflict with regional consequences as the number […]

OECD Recommendation on the Governance of Critical Risks

By Organisation for Economic Co-operation and Development (OECD) This Recommendation is recognition of the escalating damages that occur due to extreme events. Total damage caused by natural and human-induced disasters in OECD and BRIC countries has been estimated at nearly USD 1.5 trillion over the last decade. New vulnerabilities and interconnections seem to amplify the economic impacts. Recent events are a stark warning for economic systems that are dependent on global supply chains. The Recommendation proposes a fundamental shift in […]