Significance of Critical risks
Critical risks in environmental sciences encompass significant economic, cultural, and political factors. A primary concern is the absence of support from local governments, which can impede progress. Financing delays also pose a major threat, hindering the implementation of necessary environmental initiatives and projects. Overcoming these critical risks requires addressing the complex interplay between financial backing, governmental cooperation, and cultural considerations.
Synonyms: Threats, Vulnerabilities, Key vulnerabilities
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The concept of Critical risks in scientific sources
Critical risks, as defined by regional sources, encompass significant economic, cultural, and political obstacles. These risks include insufficient local government support and delays in securing necessary financing.
From: Sustainability Journal (MDPI)
(1) Identifying the critical risks in railway projects based on Fuzzy and Sensitivity Analysis is important for project success.[1] (2) These are the most important or impactful potential problems that need to be addressed.[2] (3) The most important of these correspond to economic, cultural, and political factors, including a lack of support from local governments and financing delays.[3]