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Risk governance · Future generations

Future generations and anticipation

Many of the decisions institutions take today, on infrastructure, land, water, debt and technology, will be lived with by people not yet born. Governance for future generations asks how institutions can weigh those long-horizon consequences when electoral, budget and reporting cycles are short. The Global Risks Forum (GRF) convenes institutions to build anticipation into their arrangements: using foresight to examine multiple futures, stating who speaks for long-term interests and testing whether decisions remain sound across plausible scenarios. Its Foresight Nexus community leads the specialist work.

01In brief

The short answer.

Governance for future generations asks how institutions can weigh the long-horizon consequences of today's decisions on infrastructure, land, water, debt and technology when electoral, budget and reporting cycles are short. GRF convenes institutions to build anticipation into their arrangements, using foresight to examine multiple futures.

02Geography

Energy demand and corridors in Western Europe.

Where demand concentrates in cities and the rail, road and port corridors that move fuel and equipment, shown for Western Europe as an example geography for this subject.

Where demand concentrates in cities and the rail, road and port corridors that move fuel and equipment.Indicator derived from Natural Earth at map scale; a screening view, not an assessment.
GRF · institution · fieldDESIGN FIGURE
03The governance questions

What anticipation asks of institutions.

Horizon

Long-horizon consequences

Which decisions lock in consequences for decades, and are those consequences assessed before the decision is taken?

Voice

Who speaks for the future

Which institution, office or procedure represents long-term interests when short-term pressures dominate?

Robustness

Decisions across futures

Does a plan still work if the future differs from the central forecast?

04Institutional designs

How states have tried to give the future a seat.

DesignExampleLever it uses
Statutory duty and commissionerWales, Well-being of Future Generations (Wales) Act 2015Public bodies must set well-being objectives; a commissioner reviews and advises
Parliamentary committeeFinland, Committee for the Future of the EduskuntaParliament reviews a government futures report each term
Foresight unit at the centre of governmentStrategic foresight units in several cabinets and the European Commission's annual foresight reportHorizon scanning feeds the policy cycle
Global commitmentsDeclaration on Future Generations, annexed to the Pact for the Future (2024)Member states agreed guiding principles and a high-level review planned for 2028

The UN post of a Special Envoy for Future Generations was planned under the Declaration; a 2026 progress review reported the appointment on hold pending decisions by member states. Pages here describe what each design does, not which is best.

05Practice

Turning long horizons into decisions today.

  • Intergenerational impact screening: a structured question set applied to a draft decision, borrowed from impact assessment practice.
  • Scenario stress-test of a long-lived asset, such as a dam or a coastal defence, against several plausible futures.
  • Youth and future-focused deliberation, recorded with the same rules as any GRF dialogue.

Method depth sits with Foresight Nexus; long-horizon finance, such as sovereign funds and pension liabilities, is read on GRA's sovereign capital platform.

06Foresight methods

How institutions examine multiple futures.

  1. 01

    Horizon scanning

    Systematic attention to early signals of change, recorded with their sources.

  2. 02

    Scenario design

    Several plausible futures, built to differ in the ways that matter for the decision, not to predict one outcome.

  3. 03

    Stress testing

    Testing plans and arrangements against each scenario to find where they fail.

  4. 04

    Forecasting with uncertainty

    Quantitative forecasts where data allows, always with their uncertainty stated.

  5. 05

    Institutional learning

    Recording which assumptions changed and why, so that foresight improves over cycles.

Scenarios are tools for examining choices. They are not predictions, and no scenario published by GRF is a forecast of what will happen.

07Reference points

Instruments and practice.

  • The Pact for the Future and the Declaration on Future Generations adopted by the United Nations General Assembly, as references for dialogue.
  • National and subnational institutions that some states have created to represent long-term interests, examined comparatively.
  • Intergenerational fairness in decisions on debt, infrastructure, land use and technology.

Named instruments are references for dialogue, not claims of alignment. GRF does not assess any institution's conformity with them.

08Connected work

Where this area connects.

Foresight Nexus is GRF's established community for strategic foresight, multiple futures and institutional anticipation, and foresight and future-oriented resources collects GRF's published work. The Global Centre for Risk and Innovation (GCRI) builds models and scenarios and runs future-oriented laboratories. Related GRF areas are climate and nature governance and digital and AI governance. The framework is on risk governance.

09Key terms

Terms used on this page.

Each term as this page uses it. Where a standard-setting body defines the term, the wording follows that body.

TermDefinition
Future generationsAll the generations that do not yet exist and will inherit the planet, in the sense of the UN Declaration on Future Generations adopted with the Pact for the Future.
Anticipatory governanceUsing foresight systematically in policy-making and institutions so they can act on emerging change.
Statutory long-term dutyA legal obligation on public bodies to consider the long-term effects of their decisions, as in the Wales Well-being of Future Generations Act.
Strategic foresightA structured and systematic way of using ideas about the future to anticipate and prepare for change, in OECD usage.
10Sources

Where this page's references lead.

The bodies and documents this page is read against. Status and editions change; each link goes to the issuing body.

11Questions

Questions and answers.

Does GRF publish forecasts?
Foresight work examines multiple futures with their assumptions stated. Any quantitative forecast is published with its uncertainty, and no scenario is presented as a prediction.
How can a ministry use foresight with GRF?
Through a dialogue or policy cooperation that stress-tests a plan against several scenarios. Write to the Secretariat at contact@therisk.global; the acknowledgement gives a reference and names the next step.
Who represents future generations in GRF dialogues?
The dialogue method is designed to state explicitly whose long-term interests are at stake and who can speak to them, and to record where those interests were not represented.
The Global Risks Forum

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The current service level is R0: information and enquiries. An enquiry receives a reference and names the next step; applications, payments, compute allocations and registrations open only when their team, terms and review capacity exist.

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