We live in a world of complex systems. We're aware that many of the systems we use don't work as intended and we are forced to work around the broken elements.
But what if the impact of the broken system is too high to carry on with your fingers crossed?
The ultimate aim of the United Nations Framework Convention on Climate Change (UNFCCC) is to prevent “dangerous” human interference with the climate system.
The potential impact from climate change and biodiversity loss includes large-scale food insecurity, water insecurity, health insecurity, infrastructure insecurity and energy insecurity.
If our climate change data is not collected, stored, processed and exchanged securely, there is a risk of uninformed and inappropriate decisions being made by those in authority.
PHYSICAL & FINANCIAL RISK
According to the Bank of England, climate change poses different risks to the stability of the financial system. Physical risks such as flooding, droughts, heatwaves and storms directly impact our society, increasing insurance claims and affecting our economy.
If we are to effectively mitigate high-impact risks we must stop the pattern of misusing technological solutions, utilising corrupt or inappropriate data sets and mismanaging our high-impact projects and programmes.
LEADERSHIP & GOVERNANCE
Effective leadership is vital if we are going to successfully manage and mitigate the risks from climate change.
The terms threat, vulnerability and risk are frequently and mistakenly used interchangeably.
Leaders negotiating international agreements in high-impact risk programmes need to understand both the risks and the opportunities enabled by technological solutions.