ABSTRACT

Preparing for Extreme Risks: Building a Resilient Society, Report of Session 2021-22   [open pdf - 0B]

From the Summary: "Our inquiry has come at a critical time. Nearly two years have passed since the COVID-19 [coronavirus disease 2019] pandemic emerged, placing a spotlight on the Government's planning for the most serious risks facing the UK or its interests overseas. The pandemic has led to unprecedented levels of uncertainty and shock across the world with many countries struggling to respond to the virus. Prior to the onset of COVID-19, the UK's approach to risk assessment and risk management was internationally commended and viewed as rigorous. However, the pandemic has exposed the UK's risk management system as deficient and too inflexible to provide the protection our nation needs. The risks we face are changing. Technological advances have raised the threat posed by the malicious deployment of technologies which could be used for good or ill, while traditional threats such as those from nuclear or chemical warfare remain. The risk of the failure of ageing critical infrastructure such as nuclear power stations, dams and bridges grows day on day without sufficient intervention. A reliance on electricity and the internet and the increasing complexity and interdependence of the networks underpinning daily life have left us vulnerable to cascading failures which could proliferate rapidly and cause widespread devastation. The UK's risk management system must adapt to ensure that we are prepared for the evolving extreme and systemic risks on the horizon to protect us today and into the future."

Report Number:
HL Paper 110; House of Lords Paper 110
Publisher:
Date:
2021-12-03
Series:
Copyright:
House of Lords
Retrieved From:
United Kingdom Parliament: https://www.parliament.uk/
Media Type:
application/pdf
URL:
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