The National Risk Assessment is an opportunity to step back from day-to-day concerns and consider the strategic risks facing the country over the medium and long term.
By identifying strategic risks, we can create ensure that they are managed and minimse their their impact.
Risks are classified under:
Climate change is a significant risk, while human capital and skills needs are becoming more important. Technological risks have also increased, including the potential for cyber-attacks or data fraud and theft to cause serious disruptions.
Other significant risks include housing constraints, changing demographics and potentially unrealistic expectations for public expenditure.
The National Risk Assessment has a number of uses. It:
A link to the Risk Assessments since 2017 can be seen here