Monash University

Embargoed and Restricted Access

Reason: Under embargo until March 2022. After this date a copy can be supplied under Section 51(2) of the Australian Copyright Act 1968 by submitting a document delivery request through your library, or by emailing

Regulating Systemic Risks: Lessons from the regulation of climate change risks to Australian infrastructure

posted on 2021-03-12, 01:58 authored by Dariel De Sousa
Climate change is widely considered to be one of the most significant threats to the future well-being of manking and, indeed, it has the potential to threaten the very existence of humanity. Climate change produces systemic risks, which are risks that affect and could compromise the systems on which society depends, including systems of infrastructure comprising residential housing and commercial buildings as well as critical transport, telecommunications, water and energy infrastructure. Systemic risks are usually characterised by inherent complexity, profound uncertainty and, at times, overwhelming ambiguity. In combination, these features pose significant regulatory challenges. This thesis explores how systemic risks should ideally be regulated, using the regulation of risks to Australia’s infrastructure by way of illustration.


Campus location


Principal supervisor

Graeme Arthur Hodge

Additional supervisor 1

Arie Freiberg

Year of Award


Department, School or Centre



Doctor of Philosophy

Degree Type



Faculty of Law