Lessons and recommendations from COVID-19 for understanding and managing risk
Many parts of the world are still grappling with COVID-19, and the human tragedy of its effects are still, unfortunately, playing out. However, we can learn from this tragedy. Throughout the pandemic, we have learned a lot about how cascading effects and the systemic nature of risks can affect whole societies to their core, although this may not have been apparent when the pandemic first appeared.
COVID-19 and the systemic nature of risks associated with the pandemic have expanded our understanding of risk by drawing attention to the fact that hazards and shocks can emerge from outside and within the system. In addition, exposure to them can be indirect, meaning that effects can be felt in places that are not directly affected by the hazard — in this case, COVID-19 — but end up being affected as a result of interconnectedness. Finally, the vulnerability of one system can also turn into a hazard or shock for other interdependent systems.
We have learned about the inherent complexity of crises in our interconnected world. Understanding this complexity is paramount to designing effective measures to enhance society’s preparedness and resilience. Yet, in designing those measures, traditional approaches to risk management, while extremely useful in isolated settings, fall short in providing insights to help us tackle risks in more complex settings.
In the case of the COVID-19 pandemic, the conventional understanding of hazard, exposure and vulnerability, the three traditional determinants of climate and disaster risk, needs to be expanded to represent what we have seen happening in countries like Togo, where the incidence of the virus (the “hazard”) was mostly contained and yet consequences for the population were still highly disruptive. The understanding of the nature of risk as systemic, rather than just hazard-dependent, sectoral or isolated, offers a more fitting conceptual toolbox. This sheds light on the important systemic features — such as interconnectedness, dynamics and global-to-local linkages, feedbacks and interdependencies — that contribute to the cascading effects that our case studies highlight so vividly.
While it is still too early to evaluate the full consequences of the COVID-19 risk management strategies that are being pursued, our study of systemic risks in the context of COVID-19 places greater emphasis on risk perceptions, risk communication, the cascading effects of policy measures (or interventions) and the understanding of how all relevant elements are interconnected.
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“COVID-19 has demonstrated that the responsibility for disaster risk management must be shared across systems and sectors.”
Mami Mizutori, Special Representative of the Secretary-General for Disaster Risk Reduction
Social protection comprises a wide array of policies aimed at protecting people throughout their lives by reducing poverty, inequality and vulnerability. These policies can generally be broken down into three sub-areas: social insurance, social assistance and labour-market programmes (Sett and others, 2021).
Considering the overall positive impact and importance of social protection schemes during the pandemic, possibilities to expand the use of this tool to respond to systemic risks should be explored. To maximize the positive effects of social protection in the context of systemic risk, the connection between social protection, disaster risk reduction and climate change adaptation must be strengthened. One concept developed to achieve this is called Adaptive Social Protection, whichaims to create links between social protection, disaster risk reduction and climate change adaptation to increase the capacity to prepare for, cope with and adapt to shocks or hazards.
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