Building Trusted Environments for Collaboration

Why is this important?

Here is a pull out from our trust report on Building Trusted Environments for Collaboration.

New forms of governance – multi-stakeholder initiatives, codes of conduct, industry guidelines, ‘agile’ processes such as sandboxes and PolicyLabs – often rely for their effectiveness on a collaborative approach to governance design with the contribution of multiple stakeholders.

A significant barrier to the effectiveness of this more collaborative approach is a lack of trust in the process on the part of industry and other stakeholders, including other regulatory agencies. This hampers the appropriate collaboration, sharing of knowledge and information needed to assure health and safety. A trusted environment (TE) is therefore needed where innovators, regulators and other stakeholders are motivated to understand each other’s concerns, navigate difficult trade-offs and anticipate and address safety/ethical/legal/social issues whilst also facilitating the development of safe, sustainable and socially beneficial innovations.