Globalizing risk assessment

Description

Globalizing risk assessment involves systematically identifying, evaluating, and managing risks that transcend national boundaries, such as pandemics, climate change, and financial crises. This strategy coordinates international data sharing, harmonizes methodologies, and fosters collaborative decision-making to anticipate and mitigate global threats. By establishing common frameworks and rapid response mechanisms, it remedies fragmented national approaches, enabling more effective prevention, preparedness, and resilience against complex, interconnected risks affecting multiple countries and regions.