FERMA calls for EU to recognise value of risk management

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FERMA has published its Contribution to the Polish Presidency of the Council of the EU, urging the Presidency to recognise the contribution of risk management to building a more prepared, resilient and competitive EU economy.

According to FERMA the Polish Presidency is taking place at a decisive moment, as the EU addresses challenges on multiple fronts, including maintaining competitiveness while the economy undergoes a green transition and ensuring economic security against a backdrop of natural catastrophes, geopolitical instability and hybrid threats.

In its Contribution, FERMA identifies three policy areas where the risk management community can support the Presidency’s in delivering on its priorities.

Highlighting growing supply security concerns, FERMA calls upon the Polish Presidency to capitalise on the unique risk management expertise within its network when developing the European Preparedness Union Strategy. The Federation also proposes enterprises are provided with tools to prepare for supply shocks, including a comprehensive Europe-wide risk management training capability based on FERMA’s risk management certification program Rimap.

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