Generating solutions to systemic risks through on-going experimentation on invested space-forms

This contributing paper assesses how private, public, and plural sector stakeholders can invest in joint platforms (SpaceForms) that foster creative solutions for systemic risks and hone their collective intelligence. The study notes that mitigating local risks does not reduce the global systemic effects. Sustainable solutions must involve business entities that operate the global economy. The extreme uncertainty of systemic risks makes grand solutions untenable where viable solutions only can derive from distributed experimentation and collaborative learning.

The study emphasizes the necessity to embrace uncertainty and explore for opportunities engaging committed enterprises in the quest for long-term solutions. Current practices often allocate resources to address acute threats but fail to invest in exploration for new opportunities. By engaging diverse constituents among private, public, and multilateral institutions to invest jointly in SpaceForm structures, new sustainable solutions can be explored through collaborative efforts that hone the collective intelligence of the engaged organizations. This constitutes a viable and efficient approach that can deal effectively with the current environmental challenges.