Risk-Informed Regulation

Risk-informed regulation is an approach that uses scientific data and analysis to guide safety and safety-related decision-making in industries like nuclear power, aviation, or healthcare. It balances potential risks with benefits, focusing resources and actions where they can have the most impact on safety. By integrating technical assessments with practical considerations, it helps regulators set priorities, improve safety measures, and optimize performance without applying rigid rules universally. This approach aims for smarter, more effective regulation that protects the public while acknowledging real-world complexities.