000 04133nam a22003377a 4500
999 _c5933
_d5933
005 20250625151454.0
008 180802s2018 -nz||||| |||| 00| 0 eng d
020 _a978-1-98-855653-6
040 _aAFVC
100 _aFrieling, Margreet
_98755
245 _aResilience and future wellbeing :
_cMargreet Frieling and Ken Warren
_bthe start of a conversation on improving the risk management and resilience of the Living Standards Capitals
260 _aWellington, New Zealand :
_bNew Zealand Treasury,
_c2018
300 _aelectronic document (51 pages) ; PDF file ; HTML version available
500 _aLiving Standards Series: Discussion Paper:18/05, July 2018
520 _aThe decentralised and siloed nature of much of New Zealand’s risk management means that insufficient attention is paid to the interconnectedness and cascading nature of risk factors. A more proactive, coordinated and evidence-based approach to risk management and resilience building is required to maintain societal resilience and sustainability in the face of the complex risks we are facing domestically and globally. Because of the cross-cutting nature of risks, cross-government coordination is key to strengthening our overall resilience. A national framework of primary risk factors for New Zealand, together with a cross-government, future-focused agenda for resilience building, can offer an integrated system for determining resilience objectives, setting targets, action and evaluation measures. The Department of the Prime Minister and Cabinet (DPMC) has started work in this direction and is developing a National Risk Register for New Zealand. DPMC has identified at least four categories of long-term trends (environmental, societal, economic and technological) that influence the risk landscape for future wellbeing. This paper provides a first exploration of how these four overarching trends influence the risk landscapes for the four capitals in the Treasury’s Living Standards Framework (LSF): natural; economic; human; and social capital. This paper is meant as a starting point for an open conversation between risk practitioners and policy-makers across government, as well as iwi and Māori community representatives, researchers across different disciplines, think tanks, not-for-profit organisations and wider civil society representatives, on how to better incorporate risk management and resilience building into public policy. Ultimately, the identification of risk and resilience factors for each of the four capitals will help policy analysts better evaluate policy proposals against risk and resilience factors for sustainable wellbeing. The paper is part of a series of discussion papers that the Treasury will issue this year. At this time, papers are also being released on financial/physical capital, Māori wellbeing, Pacific peoples wellbeing and the sustainable development goals in the context of the LSF. The papers start the conversation and should be seen in that light. We highly welcome feedback from readers on what is proposed, including the identified risk and resilience factors for each of the capitals as well as reflections on the proposed institutional context for better risk management and resilience building. (Executive summary). For more information on Treasury's approach to the Living Standards Framework, access the website. Record #5933
610 0 _aNew Zealand.
_bTreasury
_92684
650 5 _9212
_aECONOMIC ANALYSIS
650 5 _aGOVERNMENT POLICY
_9275
650 _aLiving Standards Framework
_97369
650 _aRESILIENCE
_94571
650 4 _aRISK MANAGEMENT
_9506
650 _aSOCIAL POLICY
_9551
650 0 _aWELLBEING
_96275
651 4 _aNEW ZEALAND
_92588
700 _aWarren, Ken
_97737
773 0 3 _tLiving Standards Series: Discussion Paper:18/05, July 2018
830 _aLiving Standards Series: Discussion Paper
_97736
856 _uhttps://treasury.govt.nz/sites/default/files/2018-07/dp18-05.pdf
856 _uhttps://treasury.govt.nz/information-and-services/nz-economy/living-standards
_yLiving Standards Framework
942 _2ddc
_cBRIEFING