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Emerging risks in the 21st century - An agenda for action Risk prevention

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Abstract:



This chapter is about actions aimed at preventing disaster, or at reducing its consequences before it occurs. In the area of emerging systemic risks, these actions fall into two categories. The first are called "protective strategies" in this report; they have to do with protecting a specific system against hazards or reducing its vulnerability. The second category, "framework conditions", consists of measures to implement and enforce risk prevention, regulate liability and compensation, increase transparency and availability of information, and so on. The chapter highlights the special challenges to prevention which systemic risks pose.

Page Count: 50

Document Type: Review Article

Publication date: April 1, 2003

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