Risk Management

Risk management refers to the systematic process of identifying, assessing and prioritizing potential hazards, followed by the implementation of strategies to reduce their likelihood or mitigate their impacts. It involves risk assessment, monitoring, prevention measures and response planning across sectors such as public health, finance, infrastructure and environmental management. Risk management aims to minimize adverse consequences while supporting informed decision-making under conditions of uncertainty.

The business concept of the glass world on a laptop (s. climate, aid, science, news,globe,US energy)
Launch of Academy to transform the knowledge agenda at the World Bank GroupNews

Launch of Academy to transform the knowledge agenda at the World Bank Group

A new World Bank Group (WBG) platform – the WBG Academy – aims to equip future leaders with development expertise that can help them realize…
SourceSourceJune 20, 2024 Full article