As the authors of the TCFD’s original recommendations on scenario analysis, and through our contribution to an abundance of sectoral and regional guidance, ERM has led the way in making the process of assessing climate-related risks and opportunities practical and accessible....
Predicted exposure of communities in southeastern United States to climate-related coastal hazards A rigorous analysis of twenty-first-century multi-hazard exposure for US Southeast Atlantic coastal communities indicates that up to 70% of residents will be exposed daily to shallow and emerging groundwate...
Commercial service providers have incorporated approaches from the literature into scenario analysis frameworks, in part to meet the demand emerging from voluntary climate risk disclosure frameworks, such as the Task Force on Climate-related Financial Disclosures (TCFD) [12, 88, 89]. In addition to ...
Insight from climate speeds can help inform future scenario design and decision-making. Designing scenarios to avoid deployment shock constrains both global temperature target and deployment year, which helps prevent a combinatorial explosion in scenario design12. We note two scenarios within these constra...
For the internal version of the MC simulation, we assume that the distribution of uncertainties is related linearly to the distribution of the resulting temperature change. Thus it is possible to use the spread between the minimum and maximum of the uncertainty parameter to obtain the spread in ...
there are three main areas where companies would likely need to make climate change-related disclosures in accordance with Regulation S-K: (1) risk factors; (2) business; and (3) management’s discussion and analysis of financial condition and results of operations (M...
Rohat, G. et al. Influence of changes in socioeconomic and climatic conditions on future heat-related health challenges in Europe.Glob. Planet. Change172, 45–59 (2019). Google Scholar Rao, S. et al. Future air pollution in the Shared Socio-economic Pathways.Glob. Environ. Change42, 346...
For example, the ISSB recently announced that companies must use climate-related scenario analysis to identify climate-related risks and opportunities and to report on their climate resilience. While the ISSB will use the existing TCFD guidance to help preparers undertake climate-related scenario anal...
Plastic pollution can be dealt with advanced recycling and bio-based production. Best-case scenario would require 22 Mha of sugarcane areas in Brazil to meet the 2050 global biopolyethylene demand. However, this may require ecosystem trade-offs. ...
The conversation has tripled in size, from < 2% to > 6% of climate-related social media traffic (see Supplementary Methods), and funding commitments have doubled6. However, this pace must accelerate exponentially if we are to succeed7. The Intergovernmental Panel on Climate Change (IPCC) ...