{"id":"http://connectivity-hub.com/terms/22d26607-ad7d-48cf-b336-658d71c26ec6","type":"Concept","prefLabel":{"en":"Systemic risk"},"definition":{"en":"In the context of infrastructure, systemic risk is a cumulative risk to a system as an outcome of physical, biological, social, environmental, or technological shocks and stresses. These may be internal/external to the system. Impact on individual components of the system (assets, networks and sub-systems) becomes systemic due to interdependence/interactions between them (DRI Lexicon, 2023).\n\nRisk of a ‘System’ due to interaction effects of elements of a system (UNDRR, 2022 in Gill et al., 2022)."},"historyNote":{"en":["Adapted from UNDRR (2022) by DRI Lexicon Project Expert Panel, February 2023.\n\nURL: https://www.undrr.org/publication/briefing-note-systemic-risk"]},"scopeNote":{"en":["Systemic risk can be seen as a feature of systems at all possible scales – global, national, regional and local – with varying system boundaries depending on the context.\n\nInteractions within a system can either aggravate or contain the overall effect of the constituent parts, creating the potential for cascading impacts on system elements far from the first impact. See also \"\"Feedback loops\"\".\n\nA key attribute of systemic risk is that it can transgress spatial and sectoral boundaries with other systems, sectors and geographical regions, thus leading to cascading effects."]},"narrower":[{"id":"http://connectivity-hub.com/terms/5eaac414-08ae-4ac9-a135-4caa913addc2","prefLabel":{"en":"Systemic climate risks"}}],"related":[{"id":"http://connectivity-hub.com/terms/2f2bf4de-7b28-49a6-a9a1-b3eb0ef0e9ef","prefLabel":{"en":"Complex systems"}},{"id":"http://connectivity-hub.com/terms/59735a55-8ce1-46e1-abc9-0d7f7eac691e","prefLabel":{"en":"Organizational learning"}},{"id":"http://connectivity-hub.com/terms/4facce89-a812-40e5-9d97-f58ae008da7e","prefLabel":{"en":"Infrastructure linkages"}}],"inScheme":[{"id":"http://connectivity-hub.com/terms/","title":{"en":"Climate Connectivity Taxonomy"}}],"inSchemeAll":[{"id":"http://connectivity-hub.com/terms/"}],"@context":{"@version":1.1,"id":"@id","type":"@type","@vocab":"http://www.w3.org/2004/02/skos/core#","xsd":"http://www.w3.org/2001/XMLSchema#","dct":"http://purl.org/dc/terms/","dc":"http://purl.org/dc/elements/1.1/","schema":"https://schema.org/","vann":"http://purl.org/vocab/vann/","ldp":"http://www.w3.org/ns/ldp#","owl":"http://www.w3.org/2002/07/owl#","title":{"@id":"dct:title","@container":"@language"},"dc:title":{"@id":"dc:title","@container":"@language"},"dc:description":{"@id":"dc:description","@container":"@language"},"description":{"@id":"dct:description","@container":"@language"},"license":{"@id":"dct:license","@container":"@language"},"issued":{"@id":"dct:issued","@type":"xsd:date"},"created":{"@id":"dct:created","@type":"xsd:date"},"modified":{"@id":"dct:modified","@type":"xsd:date"},"creator":"dct:creator","publisher":"dct:publisher","preferredNamespacePrefix":"vann:preferredNamespacePrefix","preferredNamespaceUri":"vann:preferredNamespaceUri","isBasedOn":"schema:isBasedOn","source":"dct:source","prefLabel":{"@container":"@language"},"altLabel":{"@container":["@language","@set"]},"hiddenLabel":{"@container":["@language","@set"]},"definition":{"@container":"@language"},"note":{"@container":["@language","@set"]},"changeNote":{"@container":["@language","@set"]},"editorialNote":{"@container":["@language","@set"]},"historyNote":{"@container":["@language","@set"]},"scopeNote":{"@container":["@language","@set"]},"notation":{"@container":"@set"},"example":{"@container":"@language"},"narrower":{"@container":"@set"},"related":{"@container":"@set"},"relatedMatch":{"@container":"@set"},"narrowerTransitive":{"@container":"@set"},"broaderTransitive":{"@container":"@set"},"broadMatch":{"@container":"@set"},"narrowMatch":{"@container":"@set"},"closeMatch":{"@container":"@set"},"exactMatch":{"@container":"@set"},"hasTopConcept":{"@container":"@set"},"inScheme":{"@container":"@set"},"topConceptOf":{"@container":"@set"},"deprecated":{"@id":"owl:deprecated","@type":"xsd:boolean"},"isReplacedBy":{"@id":"dct:isReplacedBy","@container":"@set"}}}