Co-RISK: A tool to co-create impactful university-industry projects for natural hazard risk mitigation

Abstract

Translation of geoscience research into tangible changes, such as modified decisions, processes or policy in the wider world is an important yet notably difficult process. Co-RISK is an accessible (i.e. open access, paper-based, zero cost) ‘toolkit’ for use by stakeholder groups within workshops, which is intended to aid this translation process. It is given a robust basis by incorporating paradox theory from organisation studies, which deals with navigating the genuine tensions between industry and research organizations that stem from their differing roles. Specifically designed to ameliorate the organizational paradox, a Co-RISK workshop draws up ‘Maps’ including key stakeholders (e.g. regulator, insurer, university) and their positionality (e.g. barriers, concerns, motivations), and identifies exactly the points where science might modify actions. Ultimately a Co-RISK workshop drafts simple and tailored project-specific frameworks that span from climate to hazard, to risk, to implications of that risk (e.g. solvency). The action research approach used to design Co-RISK (with Bank of England, Aon, Verisk), its implementation in a trial session for the insurance sector and its intellectual contribution are described and evaluated. The initial Co-RISK workshop was well received, so application is envisaged to other sectors (i.e. transport infrastructure, utilities, government).  Joint endeavours enabled by Co-RISK could fulfil the genuine need to quickly convert the latest insights from environmental research into real-world climate change adaptation strategies.    https://egusphere.copernicus.org/preprints/2023/egusphere-2023-1251/