The European Emerging Risk Radar Initiative – a Future Possibility for Latin America?

The EU project: Early Recognition, Monitoring and Integrated Management of Emerging, New Technology Related, Risks - iNTeg-Risk, has developed a pragmatic and unusual approach for an integrated emerging risk management framework. The main objective was to develop a series of specific innovative solutions by applying good risk management principles and elaborate more generic and integrated solutions which all together enable us to "better understand how to manage emerging risk in a very uncertain and complex world". The paper provides an overview of the different results and tools achieved in iNTeg-Risk project, highlighting some very important achievements regarding emerging risks in the area of process safety such as LNG regasification, remote operations, NaTech events, among others. In order to ensure sustainability of the iNTeg-Risk results, the European Emerging Risk Radar (E2R2) is an initiative envisaged as one of the potential ways by focusing on early recognition, monitoring and management of emerging risks.