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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:

GRM Group