Tackling cascading risks, losses & damages in interconnected systems

ICSI

This session will explore how the systemic nature of risks can be addressed to build safer, more resilient infrastructure systems.

*﻿Those with accreditation for the Blue Zone at COP27 are welcome to join us in-person at the COP27 Resilience Hub for this session. To participate virtually, please <a href="https://event.vvenues.com/resilience-hub/register" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">register at this link</a>.*

T﻿his session is co-hosted by the <a href="https://sustainability-coalition.org/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">International Coalition for Sustainable Infrastructure (ICSI)</a> and <a href="https://buildchange.org/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Build Change</a>.

E﻿vent DescriptionThe transition towards resilient infrastructure systems requires critical assessment and management of the interdependencies that exist within and between technical, social and environmental systems, both as a means to prevent and mitigate future losses and damages - and other adverse cascading impacts - and to build resilience and adaptation for the long term. This interactive session will facilitate a conversation on how the systemic nature and interconnectedness of risks can be addressed to build safer, more resilient infrastructure systems. The discussion will strengthen awareness of available tools and approaches and will encourage dialogue on their effectiveness and pitfalls. Resilient infrastructure requires understanding and managing a delicate balance of risks across networked systems and actors. At the same time, the vulnerability of infrastructure systems is compounded not just by climate change and other natural and man-made threats, but often by unequal access to resources, information, and technology. Hence, The transition towards resilient infrastructure systems requires critical assessment and management of the interdependencies that exist within and between technical, social and environmental systems, both as a means to prevent and mitigate future losses and damages - and other adverse cascading impacts - and to build resilience and adaptation for the long term.This session will feature available tools and approaches for assessment and management of systemic risk on interconnected networks and systems from across the infrastructure sector - such as on housing, stress testing, interdependency modelling, among others.

Tackling cascading risks, losses & damages in interconnected systems

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