A new Working Group on Scenarios for Climate-related Financial Analysis

IAMC has recently established a new Scientific Working Group on scenarios for climate-related financial analysis. It aims to facilitate the discussion of the potential use and development of integrated assessment modeling (IAM) scenarios for the finance sector, companies, regulators, and other stakeholders, for the purpose of assessing financial risk due to climate change (physical risk) and climate policy (transition risk) as well as informing about the potential role of finance in transition pathways to a low carbon future. The Finance SWG will serve the Integrated Assessment Modeling Consortium (IAMC) and the advancement of science for climate-related financial analysis by facilitating the exchange of ideas and coordination within the IAMC. It can also facilitate and coordinate interactions of the IAMC community with potential scenario user groups in the finance sector, including asset owners, asset managers, strategic planners, development and central banks.IAMC has now four Scientific Working Groups:

Working Group on Data Protocols and Management
Co-chairs:
Volker Krey (IIASA) and
Kate Calvin (PNNL)

Working Group on Evaluation and Diagnostics
Co-chairs:
Jae Edmonds (PNNL), Shinichiro Fujimori (NIES) and
Elmar Kriegler (PIK)

Working Group on Scenarios
Co-chairs:
Keywan Riahi (IIASA) and
Detlef van Vuuren (PBL)

Working Group on Scenarios for Climate-related Financial Analysis
Co-Chairs:
Elmar Kriegler (PIK) and
Jae Edmonds (PNNL)