Headline: Systemic Risks

The growing complexity of our world makes it increasingly difficult to forecast risks with any reliability. Systemic risks differ from conventional risks in a number of respects: they are both highly complex and intertwined with other risks, and their impacts are spread across diverse areas of public and economic life. Most notably, their impacts transcend both systemic boundaries (between scientific, political, and societal systems, for example) and national boundaries. Our research seeks to determine how systemic risks emerge and to identify early warning signs for the existence of both systemic risks and their trigger points.

Embracing innovative approaches to the study of systemic risks, the IASS research team analyses the complex interdependencies between science and society through the lenses of inter- and transdisciplinary research perspectives. These interdependencies will be examined across a variety of fields, including business, technology, the environment, and society. Within this context, researchers will seek to identify and characterise common patterns and structures across different systemic risks with a view to developing an early warning system for systemic risks over the longer term. Further research will seek to identify policy instruments and governance methods that ease the management of systemic risks.

Green-Win-Project

How ecological Value Chains Can Help Societies Tackle the Coronavirus Crisis

The coronavirus pandemic has cast a spotlight on the vulnerability of global value chains. Sustainable value chains at the regional level could bring more stability to the post-pandemic world. A team of researchers at the Institute for Advanced Sustainability Studies (IASS) has developed a typology of climate win-win strategies that can be used to identify sustainable regional value chains.

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How is Covid-19 affecting the global economic order?

Scenarios for the Global Monetary System

Supply chains collapse, companies are facing bankruptcy, and mass unemployment ensues. Covid-19 has triggered a global financial crisis and is forcing states to develop rescue packages on a scale not seen before. In addition, the crisis has called into question the US dollar's hegemony and could redefine the global monetary system. A team of researchers from the Institute for Advanced Sustainability Studies (IASS) has developed four scenarios that show how political decisions will shape the post-Corona world.

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SAPEA Report

Scientific Expertise Vital to EU Policymaking

In its latest report, the European organisation SAPEA (Science Advice for Policy by European Academies) has spoken out in favour of scientific advice for policymaking. By accessing the best available knowledge, policymakers are better equipped to tackle complex global challenges such as climate change. The report was prepared by an international working group comprising representatives of all the science academies of the EU member states. The group was chaired by Ortwin Renn from the Institute for Advanced Sustainability Studies (IASS).

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Award

Order of Merit Awarded to IASS Director

Eighteen people were recently awarded the Order of Merit of the federal state of Baden-Württemberg by Governor Winfried Kretschmann. Professor Ortwin Renn, Scientific Director at the Institute for Advanced Sustainability Studies (IASS) was among them. Renn was honoured for his outstanding contribution to the transfer of scientific insights into politics, public administration and management and his unstinting commitment to a just and sustainable economic and social order.

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Risk Governance Concept

Advancing Disaster Risk Reduction

Populations are growing in disaster-prone areas around the world. The interaction of natural hazards with physical infrastructure in these regions can trigger devastating chain reactions, harming societies and their technical foundations. What can be done to address these challenges? A team at the Institute for Advanced Sustainability Studies (IASS) has developed a multi-level risk governance concept for natural disasters.

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Making Small and Medium-Sized Enterprises Drivers of Green Growth: Recommendations for Politics and Business

“Green growth” promises to foster sustainable development while promoting economic prosperity and advancing social justice. But how does this work in practice? The EU-funded research project “Green Growth and Win-Win Strategies for Sustainable Climate Action” (Green-Win) has studied a range of green growth strategies. Its research results include a new guide to green business models and policy recommendations to foster green growth and support small and medium-sized enterprises.

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How Cities Should Approach Complex Risk Situations

Cities are more vulnerable than rural areas to a host of risks. Natural hazards like earthquakes or social risks like vandalism and crime have a far greater impact there. Moreover, the infrastructure of our cities is increasingly networked, and while smart cities may offer more in terms of security and convenience, data protection often falls by the wayside. Since risks are frequently interconnected, we need to take an integrated approach to managing them. A concept for risk governance elaborated by IASS researchers in the International Journal of Disaster Risk Science reflects just such an approach.

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Anxious Times: New Book by IASS Director Ortwin Renn

How powerful is fear and what effect does it have on our society? These questions are at the heart of a recently published book by the environmental and technical sociologist Ortwin Renn. In “Zeit der Verunsicherung” (Anxious Times), the Scientific Director at the Institute for Advanced Sustainability Studies (IASS) probes the causes and effects, as well as the perception and handling of fears in our society.

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