> For the complete documentation index, see [llms.txt](https://docs.therisk.global/organization/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.therisk.global/organization/governance-in-operation/global-level.md). # The global level The global level of Nexus Consortiums: the three institutions that lead it, the documents that pass between them, the global programme and what the global level never does. **Where this fits.** Governance in operation › global level · Universe, Reports, Standards · GCRI, GRF, GRA · Planning (G0) and Renewal (G7) · canonical page. ## In brief At the global level, three pillar not-for-profit institutions lead Nexus Consortiums: GCRI, [The Global Risks Forum](/organization/institutions/grf.md) (GRF) and [The Global Risks Alliance](/organization/institutions/gra.md) (GRA). "Each has its own public-good mandate, legal identity and website. None is the parent, agent or regulator of another. None speaks for the others" ([GCRI, GRF and GRA](https://therisk.global/consortium/institutions/)). The global programme coordinated by the Consortium Secretariat covers "shared research priorities, common methods, the annual cycle, learning across countries and publication". It "never sets a national agenda. It makes national work comparable" ([Global programme](https://therisk.global/consortium/global/)). **Boundary.** Nothing at the global level confers governmental or intergovernmental status, regulatory authority, privileges or immunities. Cross-border work "creates no treaty, customs arrangement, sovereignty transfer or right to move data" ([Global programme](https://therisk.global/consortium/global/)). ## The three institutions | | GCRI | GRF | GRA | | ---------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------------------------------------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------- | | Leads on | Consortium Secretariat; evidence, methods and technical assistance; country programme formation; global contracting party | Leadership, institutional dialogue and [Nexus Universe](/organization/programme/universe.md) programme governance | Translating risk evidence into finance, insurance and development-readiness questions | | Contracting role | GCRI Canada is Lead Institution, Consortium Secretariat and lead contracting organization. GCRI US is a separate organization with its own legal identity | None for GCRI Canada | None for GCRI Canada | | Described on its own site as | A Canadian not-for-profit organization (GCRI Canada), and GCRI US | A Swiss association | A nonprofit corporation operating as a business league for the financial services industry | | Never | Regulates, certifies, licenses or approves | Regulates, finances, procures or certifies; hosting or sponsorship confers no authority | Lends, underwrites, rates, invests, advises on or arranges transactions; "readiness is not approval" | | Home | [therisk.global](https://therisk.global/) | [GRF in the Consortium](https://globalriskforum.com/about/consortium-role/) | [GRA in the Consortium](https://globalriskalliance.com/about/consortium-role/) | Legal forms are given as each institution states them. The registered legal profiles are under counsel review and are reproduced only inside legal instruments. Statuses belong to the institution that holds them. GCRI's special consultative status with the UN Economic and Social Council, for example, belongs to GCRI only and does not extend to GRF or GRA ([Affiliations and credentials](https://therisk.global/about/institutional-status/)). **Technology providers** work with the Consortium at arm's length under written agreements, like every other external party, and hold no role in its stewardship. They are described by role only. ## What passes between the institutions Each handoff between the institutions is a document a reader can inspect. No institution relabels another's output: "a GCRI model run stays a model run in a GRF record, and a GRA financial reading stays a reading in a GRF options paper" ([Nexus Consortium relationship](https://globalriskforum.com/global-cooperation/consortium/)). | From | To | What passes | Form | | ---- | ---- | ---------------------------------------- | ---------------------------------------------- | | GCRI | GRF | Evidence for a dialogue question | Evidence brief with labels, sources and limits | | GRF | GCRI | A question institutions need answered | Question note with an accountable owner | | GRF | GRA | A record that has financial implications | Outcome note, shared with consent | | GRA | GRF | A financial reading for deliberation | Options note, never a transaction or approval | The separation follows a principle familiar from science advice and financial regulation. Those who produce evidence, those who deliberate on it and those who allocate money stay distinguishable, so each can be questioned on its own terms. The International Network for Government Science Advice states the same principle for science advice to governments. GRF cites it on the same page. ## The roles across the year | Moment | GCRI | GRF | GRA | | ---------------------------------------------------------------- | ----------------------------------------------------------------------------- | ---------------------------------------------------------------- | ----------------------------------------------------- | | Agenda formation | Classifies what is observed, unknown and worth testing | Tests inclusion, institutional fit and public-purpose legitimacy | Identifies financial transmission and protection gaps | | Nexus Universe | Technical office: scoping, qualification, the Core build and exercise control | Programme stewardship: mandate, admission, gates and publication | The finance and insurance readiness track | | Participation | Country formation and regional desks | Councils for institutions, leaders and experts | The Financial Institutions and Regulators pathway | | [Nexus Reports](/organization/programme/reports.md) | Scientific and methods review | Public meaning: findings stated without overreach | Capital meaning: finance relevance without advice | | [Nexus Standards](/organization/institutions/nexus-standards.md) | Secretariat and publisher of record for the standards | Change proposals drawn from dialogue and exercise records | Change proposals from diligence practice | Source: [Nexus Consortium relationship](https://globalriskforum.com/global-cooperation/consortium/). ## How the annual agenda is formed The global programme forms one authorized annual mandate from national demand, in five steps ([Global programme](https://therisk.global/consortium/global/)): 1. **National questions.** National Desks collect material questions, capability gaps and candidate missions. 2. **Regional dependencies.** Regional coordination identifies shared basins, grids, health systems, ports, corridors and digital links. 3. **Evidence review.** GCRI's evidence process classifies what is observed, unknown, modelled and worth testing. 4. **Participation and readiness.** GRF tests inclusion and public-purpose legitimacy. GRA identifies financial transmission and diligence needs without selecting investments. 5. **Mandate.** An authorized annual mandate sets scope, budget, participating structures, evaluation questions and publication intentions. This is gate G0 of the [programme year](/organization/programme/the-programme-year.md). National structures may decline participation or data sharing. A candidate question enters the mandate only when it scores well on every criterion. The criteria are materiality and national demand; cross-system dependence and evidence gaps; tractability and capability value; safeguards and resource feasibility; and a competent recipient for the result. "A question without a competent recipient, an institution able to act on the answer, is held back however interesting it is." ## Shared methods Countries are compared domain by domain, "with evidence labels and uncertainty, not through a single score". There is no single global risk index. * **Twelve risk domains**, examined in every national docket. * **Nine evidence labels**: observed, published statistics, institution-reported, estimated, modelled, forecast, scenario, expert judgement and unknown. See [Status and service levels](/organization/governance-in-operation/status-and-service-levels.md). * **STEM Commons**: fifty-four named methods, each with one canonical page ([Institutional research](https://therisk.global/programmes/research/)). The sector couplings that every national docket reads are set out in [The Model](/organization/model.md). ## Global councils Global and regional councils are in formation. "The global leadership role is in formation; its constitution is published only once adopted" ([Council architecture](https://globalriskforum.com/leadership/council-model/)). For the standards, the proposed Global Standards Council decides global adoption and never a national one. See [National Standards Council](/organization/governance-in-operation/national-standards-council.md) and [Decision rights](/organization/governance-in-operation/decision-rights.md). ## Sources * GCRI: [GCRI, GRF and GRA](https://therisk.global/consortium/institutions/); [Global programme](https://therisk.global/consortium/global/); [Affiliations and credentials](https://therisk.global/about/institutional-status/); [Institutional research](https://therisk.global/programmes/research/). * GRF: [Nexus Consortium relationship](https://globalriskforum.com/global-cooperation/consortium/); [GRF in the Consortium](https://globalriskforum.com/about/consortium-role/); [Council architecture](https://globalriskforum.com/leadership/council-model/). * GRA: [GRA in the Consortium](https://globalriskalliance.com/about/consortium-role/). * [Sources library](/organization/reference/sources.md). --- # Agent Instructions This documentation is published with GitBook. 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