Research Archive
NGFS Long-term Scenarios for Central Banks and Supervisors – Phase 5
Latest NGFS scenarios show climate-induced economic losses up to four times greater than under previous modelling. Urgent action is needed as sluggish progress risks increasingly disruptive transition.
The Treatment Of Physical Climate Risks By Central Banks
This report analyses challenges, progress and future strategies for managing physical risks in India. Researchers advocate for a phased and proportional approach to mandatory standards to overcome capacity issues.
Acute Physical Impacts From Climate Change and Monetary Policy
Regulators are struggling to model the escalating impact climate is having on prices. This NGFS framework offers central banks tools needed to begin addressing this gap.
Climate-Related Infrastructure Failure Has Complex and Far-reaching Economic Impacts
Financial risk assessments underestimate climate impacts on infrastructure so this paper proposes a new methodology for improving evaluation of cascading impacts.
The Globalization of Climate Change
Climate economic models widely underestimate physical risks by ignoring global supply chain interconnections, which can potentially amplify GDP losses up to 30 times.
Model-based Financial Regulations Impair the Transition to Net-zero Carbon Emissions
Carbon biases in model-based financial regulations discourage banks from divesting high-carbon assets and amplify systemic climate risks, say Oxford University researchers.
Climate Actions, Market Beliefs and Monetary Policy
Irrational market players wrongly perceive climate policy as a temporary shock and overlook the structural change it represents, with adverse impacts on prices and inflation.
You have seen 11 of 44