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Systemic Risk

Systems can be affected by critical events or shocks that occur outside or within the system. Systemic risk is associated with cascading impacts that spread within and across systems and sectors via the movements of people, goods, capital and information within and across boundaries. The spread of cascading impacts can lead to potentially existential consequences and system collapse across a range of time horizons.

Latest Systemic Risk additions in the Knowledge Base

Research briefs

Covid-19, climate change, armed conflicts: world’s crises can lead to interconnected polycrisis

The world is currently experiencing a worsening polycrisis, caused by an entanglement and nonlinear amplification of many of the world’s crises, like the Covid-19 pandemic, climate change and armed conflicts such as Russia’s war on Ukraine.
Potsdam Institute for Climate Impact Research
A traffic officer drinks water during a hot day in Kolkata, India
Update

Next year likely to surpass 2023 as the hottest ever

With climate change and an incipient El Niño driving up temperatures, 2024 is likely to eclipse 2023 as the hottest year ever, meteorologists project.
Yale Environment 360
CRM
Documents and publications

Systemic risk and compound vulnerability impact pathways of food insecurity in Somalia

This publication uses a systemic risk impact pathway (SRIP) model to gain data-driven insights on the drivers of systemic risk and the impacts on food insecurity in Somalia.
Cover
Documents and publications

Australia's Riskscape

This report is a companion piece to the Major Incidents Report 2022–23, drawing upon some of these findings.
Cover
Documents and publications

Reducing risks together: A systemic approach to reducing disaster risk in Europe

This policy brief summarises learnings from the first 1.5 years of the MYRIAD_EU project. The project is designed to catalyse the paradigm shift required to move towards a multi-risk, multi-sector, systemic approach to risk assessment and management.
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Documents and publications

Healthcare resilience: a meta-narrative systematic review and synthesis of reviews

This study aims to explore and synthesise evidence about healthcare resilience and present a unified framework for future resilience-building.
A swollen river in Asayita, Ethiopia due to heavy rainfall
Research briefs

Compounding natural hazards and high vulnerability led to severe impacts from Horn of Africa flooding exacerbated by climate change and Indian Ocean Dipole

After years of drought the short rainy season in the Horn of Africa brought exceptionally heavy rains, particularly in November, leading to severe flooding in the South of Ethiopia, Eastern Kenya and many regions in southern and central Somalia.
World Weather Attribution
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Documents and publications

Cascading climate risks: strategic recommendations for European resilience

The European Union is not prepared to manage cascading climate risks. This report presents 21 strategic recommendations for building resilience in Europe and beyond.
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