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Good Governance for Critical Infrastructure Resilience

image of Good Governance for Critical Infrastructure Resilience

Critical infrastructures are the backbone of modern, interconnected economies. The disruption of key systems and essential services - such as telecommunications, energy or water supply, transportation or finance - can cause substantial economic damage. This report looks at how to boost critical infrastructure resilience in a dynamic risk landscape, and discusses policy options and governance models to promote up-front resilience investments. Based on an international survey, the report analyses the progressive shift of critical infrastructure policies from asset protection to system resilience. The findings are reflected in a proposed Policy Toolkit for the Governance of Critical Infrastructure Resilience, which can guide governments in taking a more coherent, preventive approach to protecting and sustaining essential services.

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Foreword

Natural hazards and malicious attacks against critical infrastructure pose grave risks to societies and economies. Recent shock events – such as the Great East Japan Earthquake, Hurricane Harvey in the United States, the cyber-attacks on the Ukrainian electricity grid or the Genoa bridge collapse in Italy – show how disruptions to critical infrastructure and essential services can result in substantial economic damage as well as loss of life. The interconnectedness of supply chains and technological and financial systems in the global economy increase the exposure and vulnerability of critical infrastructure. When shocks and disruptions occur, their negative impacts can cut cross sectors and borders, and even resonate globally.

English

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