Risk assessment and international relations books
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This paper argues that climate change requires more than reactive solutions implemented at the last minute at project level.Fifteen of the 22 organizations examined for this paper have ERM systems, but only eight have publicly available risk registers, with just six of those listing climate risks as challenges that need to be managed. This is perhaps because climate change is not considered a discrete ‘point source’ of risk, unlike the corruption, terrorist or funding threats that typically concern risk management professionals. The risks associated with climate change rarely figure in ERM systems.However, progress on implementation has been patchy: some organizations now have elaborate, fully functioning structures, but others are just beginning to develop the ir ERM systems.
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Over the past decade several international organizations have introduced enterprise risk management (ERM) systems in their operations. The UN, as a whole, recognized the importance of effective risk management more than 15 years ago.
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These organizations face a multitude of daily challenges in delivering their mandates.Most of these organizations were created between the end of the Second World War and the 1970s, before the impacts of anthropogenic climate change were wid ely understood. Roughly two dozen international organizations, mostly in the United Nations family, foster cooperation and set the global agenda on a range of critical issues, including health, water, energy, the environment, food, migration, security and development.The paper offers recommendations for how international organizations can continue to achieve their missions by strengthening their climate risk management frameworks. The paper maps the current climate risk approaches of roughly two dozen international organizations, based on a review of official documents as well as on interviews with their staff. This paper is an attempt to ‘climate stress test’ the international system and provide an early measure of its level of preparedness for climate change. Climate change is likely to have profound impacts on such organizations in the future: increasing demand for their services, undermining programme implementation, and hindering their ability to fulfil their mandates. An overhaul of risk management, taking specific account of climate-related risks, is therefore needed to ensure the continued operational effectiveness of UN bodies and other agencies. Most international organizations were not designed to deal with the consequences of climate change.