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“Amid the storm of crises and disruptions, leading financial institutions are recognizing risk’s strategic and resilience-building role.

At this moment, economies and societies are enduring several crises simultaneously. All have major humanitarian impact and potentially long-lasting second- and third-order effects. The era is defined by the interplay of complex disruptions with disparate origins and long-term consequences. Climate change, the COVID-19 pandemic, record inflation and monetary tightening, supply disruptions, and increased geopolitical risk—all pose urgent questions of organizational resilience that cannot be addressed in isolation.