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The use of climate change mitigation scenarios for financial sector target setting, transition planning and alignment assessment
Oct 2, 2023 | 11:40 AM - 12:55 PMConference Room CC15
Oct 2, 2023 | 11:40 AM - 12:55 PM
Conference Room CC15
Climate change mitigation scenarios play a crucial role in guiding the financial sector’s target setting, transition planning and Paris alignment assessments. However, assumptions and uncertainties associated with such scenarios are not necessarily well understood. Building on the findings of novel OECD analysis, this session will discuss the consistency with the Paris Agreement of scenarios currently used in finance, their scope and granularity, as well as underlying assumptions and limitations. The session will inform climate policy makers, climate scenario developers, climate-related assessment methodology providers and financial market participants on how they each and collectively may contribute to improved design and use of climate change mitigation scenarios.
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