ALT Should financial institutions be placing more consideration on the longer-term physical impacts of climate change on their investment portfolios? And how can these potential impacts be effectively assessed?

ALT Stargazing II: NGFS climate scenario update signals that doing (almost) nothing is most advantageous for investors. Earlier this month the global central banking community, the Network for Greening the Financial System (#NGFS), released its third vintage of #ClimateScenarios for forward looking climate risks assessment. We applaud NGFS’s efforts in socializing, designing, and making top-down climate scenarios readily available. Nevertheless, an expert critical analysis of these scenarios remains important to challenge modeling methodologies and assumptions and further the field. More about our appraisal of the latest NGFS climate scenarios in our latest blog,