The COVID-19 pandemic dramatically underscored the consequences of failing to anticipate, understand and better manage risk. Parliaments along with other organs of governance need to play a much more proactive and effective role in better managing systemic risks.

The shift from internal combustion engine vehicles (ICEs) to electric vehicles (EVs) is happening. Coalitions of leading national Governments from countries across the income range and the automotive sector have committed to ambitious mid-term targets for EVs production and use, infrastructure roll-out and gradual banning of diesel and ICE vehicles.