Trying to logically evaluate a COUNTIFS statement and failing

I am trying to set up a formula to evaluate a summary status based on whether any open risks or issues on a log are rated as 'High'.

I have a COUNTIFS statement that correctly evaluates how many high scoring issues I have and a similar statement to count high scoring risks.

I am trying to write an IF statement to rank them such that a count of greater than 0 for Issues scores Red, a count of greater than 0 for risks scores Amber, else Green.

I'm building the expression up gradually but the following IF statement is showing as UNPARESABLE. Impact2 is the cell with the working formula for the first COUNTIFS statement.

=IF(Impact2 > 0, 'Red', 'Green')

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