The phrase "and mitigate the likelihood" is correct and usable in written English.
It can be used in contexts where you want to express the action of reducing the probability of a certain event or outcome occurring.
Example: "We need to implement new safety measures to prevent accidents and mitigate the likelihood of injuries in the workplace."
Alternatives: "reduce the chances" or "lessen the probability".
Rather they hoped this would be a skill set troops could learn pre-deployment, in hopes of increasing their resiliency and thus mitigate the likelihood of acquiring PTSD later.
Antibiotic use, and its associated ecotoxicologic hazards, might be reduced by assuming a systematic use of antiviral drugs to mitigate the likelihood and severity of influenza infections and resulting complications, including bacterial pneumonia (Kaiser et al. 2003; Yu et al. 2010).
Both he and Stratford think that the preparation time and public nature of services mitigate the likelihood of large numbers doing so.
It was hoped that extensive revisions to offshore-drilling regulations, prompted by the spill and issued in April 2016, would mitigate the likelihood of future disasters.
Fall awareness and preventative alerting devices could potentially mitigate the likelihood of a fall, however, relatively little is known about the perceived timing of a fall.
We can both maintain our Second Amendment rights and begin to put some safeguards in place to mitigate the likelihood of another Sandy Hook, Aurora, Virginia Tech and so on.
General building codes and standards include structural integrity requirements as an indirect approach to mitigate the likelihood of collapse of structures due to abnormal loading conditions.
However, these possibilities would mitigate the likelihood of finding an association between ADM use and CVD risk factors; therefore, they would bias the estimated associations toward the null hypothesis.
"This restriction should mitigate the likelihood of lenders 'clearing out' a consumer's account, as payment will only be taken where the amount can be taken in full".
