Table 2 Comparison of key requirements for global systemic risk assessment across frameworks
From: A systemic risk assessment methodological framework for the global polycrisis
Systems architectures: Exploring system goals | Systems architectures: Power and vulnerability | Systems interconnections: Stress, trigger, crisis framing | Systems interconnections: Risk linkages and leverage points | Identification of responses: Existing, enhanced, new | Identification of responses: Exploration of transformations | Assessment of response trade-offs & vulnerabilities | Development of storylines | Simulation of risk dynamics | Implementation, monitoring, learning & adaptation | Principles & practices including nature-centricity | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cascade Institute Polycrisis Analysis Guide16 | (Y) | (Y) | Y | Y | (Y) | (Y) | (Y) | Y | (Y) | (Y) | N |
MYRIAD-EU 6-Step framework17 | (Y) | (Y) | (Y) | Y | Y | (Y) | (Y) | Y | Y | Y | (Y) |
Systems Thinking Toolkit for UK Civil Servants18 | Y | (Y) | (Y) | Y | Y | (Y) | (Y) | Y | Y | Y | Y |
SysRisk approach19 | Y | (Y) | (Y) | Y | Y | N | Y | Y | (Y) | Y | N |
IRGC Guidelines on Systemic Risk Governance20 | Y | (Y) | (Y) | Y | Y | Y | Y | Y | Y | Y | (Y) |
Infrastructure resilience stress-testing approach21 | (Y) | (Y) | (Y) | Y | (Y) | (Y) | (Y) | (Y) | Y | (Y) | N |
DMDU Methods22 | (Y) | (Y) | (Y) | (Y) | Y | (Y) | Y | Y | Y | Y | (Y) |
ISO Risk Management Guidelines (ISO 31000)62 | (Y) | N | N | N | Y | N | N | Y | N | Y | (Y) |
ASRA SRA methodological framework | Y | Y | Y | Y | Y | Y | Y | Y | Y | Y | Y |
