Scenarios for Assessing Climate-Related Risks: New Short-Term Scenario Narratives

This report - and the accompanying visualisation tool - were created by UNEP Financial Initiative's Risk Centre to bridge the gap in short-term scenarios that explore near-term climate-related risks, economic volatility, and potential systemic vulnerabilities. They identify short-term scenario narratives that can help financial institutions and others understand the implications and drivers of a range of short-term macroeconomic, transition, and physical shocks, such as geopolitical tension, greenflation, climate migration, and extreme weather. These resources will be especially beneficial for asset managers, insurers, bankers, and investors, but would also benefit enterprise risk and sustainability teams.