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Journal Article

Principles for Just and Effective Systemic Risk Governance

Authors

Richardson,  Ruth
External Organizations;

Hendel-Blackford,  Sarah
External Organizations;

Benini,  Lorenzo
External Organizations;

/persons/resource/Donges

Donges,  Jonathan Friedemann       
Potsdam Institute for Climate Impact Research;

Gibbons,  Beth
External Organizations;

Jácome-Polit,  David
External Organizations;

Kovacic,  Zora
External Organizations;

Kwakkel,  Jan
External Organizations;

Linkov,  Igor
External Organizations;

Munden,  Lou
External Organizations;

Patton,  Michael Quinn
External Organizations;

Pavkova,  Ivana Ema
External Organizations;

Schweizer,  Pia-Johanna
External Organizations;

Shipman,  Megan
External Organizations;

Silver,  Nick
External Organizations;

Stauffer,  Maxime
External Organizations;

Trump,  Benjamin D.
External Organizations;

Gambhir,  Ajay
External Organizations;

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Citation

Richardson, R., Hendel-Blackford, S., Benini, L., Donges, J. F., Gibbons, B., Jácome-Polit, D., Kovacic, Z., Kwakkel, J., Linkov, I., Munden, L., Patton, M. Q., Pavkova, I. E., Schweizer, P.-J., Shipman, M., Silver, N., Stauffer, M., Trump, B. D., Gambhir, A. (2026 online): Principles for Just and Effective Systemic Risk Governance. - Global Sustainability.
https://doi.org/10.1017/sus.2026.10057


Cite as: https://publications.pik-potsdam.de/pubman/item/item_34193
Abstract
We are facing multiple crises, from risks across systems that are central to the safety and prosperity of humanity and ecosystems. Traditional planning and implementation have been based on command-and-control approaches with narrow objectives formulated within a constrained logic model. However, the polycrisis and addressing systemic risk requires multiple objectives beyond narrow ones which cannot address large-scale initiatives in complex, dynamic environments aimed at systems transformation. This requires a deep consideration of what objectives societies and organizations have and how they should meet them. The notion of utilizing a set of guiding principles is critical. Principles are becoming ever more prominent in considerations around the different ways in which societies, organizations, and individuals operate. Principles take on increasing importance in an ever more complex world where our effectiveness depends on adapting to context, guiding adaptation and facilitating dialogue on options, trade-offs, and choices. We propose a set of 10 principles to guide the development of the field of systemic risk assessment and response within and across multiple domains. These principles—developed to meet the needs of the field of systemic risk—provide a complete set of operating guidelines to drive towards safety, equity, and security for human and ecological systems.