Tag: emerging risks

On 29 October 2024, a DANA — a Spanish acronym for an isolated upper-level atmospheric depression forming over the Mediterranean Sea — triggered catastrophic flash flooding across Valencia province, Spain. Within hours, several municipalities received severe rainfall equivalent to an entire year’s precipitation, with peaks of up to 771 litres per square metre, devastating entire towns, leaving thousands stranded, damaging over 60,000 dwellings, destroying more than 130,000 vehicles, and claiming 230 lives.

A successful INCOSAI is reflected in broad knowledge exchange, meaningful dialogue, strengthened international cooperation, and collective decision-making on priority matters. During the Congress, and at the preceding 79th INTOSAI Governing Board meeting, the INTOSAI community convened to present, deliberate, and reach consensus on several significant issues, including the adoption of the triennial budget, the endorsement of new professional pronouncements, the approval of the Sharm El-Sheikh Declaration, and the appointment of new INTOSAI Governing Board members, among other important outcomes.

The Supreme Audit Institutions (SAIs) play an essential role in assessing the effectiveness of government policies. In an era marked by rapid technological shifts, policies governing cybersecurity and data protection are under immense pressure to meet high standards of resilience and compliance. This article aims to broaden our understanding by examining new insights that can complement the existing guidelines provided by the International Organization of Supreme Audit Institutions (INTOSAI), mainly described in the:

According to the United Nations Development Programme (UNDP) Global Centre for Public Service Excellence, foresight explores possible and probable futures, generating insights that enable transformative actions in the present, which are compatible with the unfolding future.