What Are the Challenges in Addressing Emerging Risks?

Addressing emerging risks poses several challenges:

1. Resource Limitations: Limited financial and human resources can hinder the capacity to effectively monitor and respond to emerging threats.
2. Data Gaps: Incomplete or inaccurate data can impede the timely identification of emerging risks.
3. Coordination: Effective response often requires coordination across multiple sectors and jurisdictions, which can be complex and time-consuming.
4. Public Perception: Misinformation and public fear can complicate efforts to manage emerging risks, as seen in vaccine hesitancy during the COVID-19 pandemic.