Climate scenarios expansion project
The future promises to be unpredictable, complex and volatile. Yet the current NGFS (Network for Greening the Financial System) climate scenarios used to stress test investment portfolios are limited: based on unrealistic assumptions, often understating the economic damage of climate change and failing to provide a holistic view of impacts (such as risks, conflicts, migrations, uncertainty, disruptions). Investors need better tools with which to assess real-world risks and opportunities in the short and long term.
