In recent years, scenarios developed by scientists about our possible climate futures have been adapted by capital markets participants to help them gauge how the risks of a changing climate and the transition to a net-zero economy could impact their investments.
While such scenarios have helped financial markets supervisors and practitioners better understand a range of climate-related risks, they have not been able to tell investment professionals in particular what they say they most want to know to shape their strategies: what their peers across the industry and around the world expect when it comes to changes in policy, advances in technology, and patterns of climate-driven extremes of weather.