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Thematic Areas - Risk Management

One essential function of government is protecting people, the environment and assets from harm. Policymakers and technical regulation authorities work to identify and address public risks, i.e. risks that may have an undesirable impact on society. UNECE WP. 6 develops guidance for regulatory authorities to effectively manage risks that confront consumers, citizens and communities.

Standards and technical regulations are – among other things - risk mitigation tools. They are developed by authorities and standardization bodies with the goal of changing the behavior of consumers, communities, economic operators etc. Taken collectively, they make products safe, organizations’ processes stable and consumers better protected from hazards.

Building regulatory frameworks based on a consistent risk management process allows countries to protect their citizens, without unnecessary obstacles to international trade and unwanted impact on the industry’s competitiveness.

Risk Management for Regulatory Frameworks
Risk management provides tools for structured thinking about the future and for dealing with the associated uncertainty. Implementing risk management in an organization, or in a regulatory authority, gives decision makers tools that enable rational choices, taken on the basis of the information available.

The work of UNECE in the area of Risk Management aims at developing guidance and best practice on how regulatory authorities can establish regulatory frameworks which effectively manage the risks that confront consumers, citizens and communities.

Specifically, UNECE works on the following priorities:

Achievements:

  • A general recommendation on the use of risk management tools in regulatory systems - “Managing Risk in Regulatory Frameworks” (Recommendation “R”:   ENG   FRE   RUS) approved by UNECE WP. 6 in 2011
  • A more specific recommendation, which describes one of the functions of the risk management process, “Crisis Management within a Regulatory Framework” (Recommendation “P”: ENG  FRE  RUS), approved by UNECE WP 6 in 2011
  • In 2012, UNECE published the guidebook "Risk Management in Regulatory Frameworks"
  • A background paper on "Standards for DRR" was included in the 2015 edition of the Global Assessment Report;
  • The GRM participated in the World Conference on Disaster Risk Reduction (WCDRR) in Sendai, Japan in March 2015 – in particular with an event on Standards for DRR;
  • Established a partnership with ISO TC 292 on “Security and Resilience” and contributed to its activities through a taskforce on “UN cooperation” which aims at contributing to the implementation of the outcome of the WCDRR and other important UN outcomes.
  • Contributed to an article on DRR to the August-September 2015 issue of the ISO Focus magazine (pages 23-27);
  • Promoted the participation of ISO and IEC in the UNISDR Science and Technology Conference on the Implementation of the Sendai Framework for Disaster Risk Reduction 2015-2030 (January 2016).

GRM Group