Section 3. Riskworld scenarios

The three scenarios developed by the sponsors and workshop participants of the Riskworld project are described in this section. They are: ” Expert Rules ” Common Sense ” Kaleidoscope Together, they depict three paths society might follow as it copes with an environment characterised by increasing uncontrollable risks and awareness of risk. They are intended to help readers focus their exploration of the future of risk on the assumptions, questions, dilemmas and uncertainties that they may face. The Riskworld scenarios are 'sketch scenarios', intended to provide a context in which the reader can set his or her own decisions, issues or dilemmas. They therefore do not encompass details and dynamics of risk perception and management, nor are they intended to lead directly to implications for crafting strategy. Table of contents Dynamics: At the beginning of this section, we provide a brief overview of the dynamics that were considered and explored during the scenario-building process. Part Two of this report provides a more detailed description of this material. The scenarios: Each of the three scenarios explores how these dynamics might play out, emphasising a different kind of response to a world characterised by growing scientific and social uncertainty. Comparison and implications: A comparison of the key characteristics of the Riskworld d scenarios follows, along with an exploration of the implications of each scenario for a number of crucial risk-related aspects, including insurance, climate change, etc.