Past eventPast eventNominees Breakfast Briefing

High Impact, Low Probability Events: Preparing for the New Normal

Chatham House, London

Participants

Bernice Lee OBE, Research Director, Energy, Environment and Resource Governance, Chatham House

Overview

The frequency of 'High Impact, Low Probability' (HILP) events in the last decade, such as Hurricane Katrina, the Macondo oil spill, the Japanese earthquake and tsunami, and the recent flooding in Thailand, signals the emergence of a new 'normal'; this trend is expected to continue, with slow-motion crises like climate change and water scarcity creating additional risks and vulnerabilities. In a world of globalized production and optimized supply chains, the impacts of HILP events spread rapidly and are felt on an international scale.

Bernice Lee will discuss whether governments and the private sector are prepared for these disruptive events, how the global economy could be made more resilient and potential international responses.

Attendance is strictly by invitation only.

To enable as open a debate as possible, this event will be held under the Chatham House Rule.

About Nominees Breakfast Briefings.

The Chatham House Rule

To enable as open a debate as possible, this event will be held under the Chatham House Rule.