ONE-CLICK SCENARIO ANALYSIS
ONE-CLICK SCENARIO ANALYSIS
Scenario analysis provides actionable insights about potential future outcomes and is recommended by the TCFD for reporting purposes. S&P Global Climanomics incorporates four climate scenarios based on the Representative Concentration Pathways (RCPs). An RCP is a greenhouse gas (GHG) concentration trajectory adopted by the IPCC. The pathways describe different climate futures, all of which are considered possible depending on the volume of GHGs emitted in the years to come. The four RCP scenarios available in S&P Global Climanomics cover the future warming of 0.9-2.3°C (RCP2.6), 1.7-3.2°C (RCP4.5), 2.0-3.7°C (RCP 6.0) and 3.2-5.4°C (RCP8.5)
What are RCPs?
The RCPs were developed by the IPCC in 2014 to describe different futures based on a range of GHG concentration levels in the atmosphere, driven by economic activity, energy sources, population growth and other socio-economic factors.
Sabine Fuss et al., “Betting on Negative Emissions,” Nature Climate Change 4 (2014): 850–53, https://doi. org/10.1038/nclimate2392.