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Navigating Systemic Risk in the Age of Polycrisis

Podcast
11-09-2025
Ajay Gambhir
When we think about climate risk, it’s easy to focus on individual threats - rising sea levels, extreme weather events, or biodiversity loss. But in reality, these risks are part of a larger, interconnected web of crises.

Hear from Dr. Ajay Gambhir, Director of Systemic Risk Assessment at ASRA, as we reconsider systemic risk in an increasingly interconnected world.

When we think about climate risk, it’s easy to focus on individual threats - rising sea levels, extreme weather events, or biodiversity loss. But in reality, these risks are part of a larger, interconnected web of crises. Climate change interacts with geopolitical tensions, pandemics, food insecurity, and energy shocks, often creating feedback loops that can strain or even break the systems we depend on. That’s why in this episode, we explore the concept of the “polycrisis,” including:

  • Why understanding the connections between risks is key to managing them;
  • How a new systemic risk framework can reveal vulnerabilities across critical systems like food, energy, and health;
  • And why addressing inequality is essential if we want to strengthen resilience and meet climate and sustainability goals.

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