About climate scenarios
Climate scenarios can be used to assess policy options and organisational response under plausible futures.
Climate scenarios can be used to assess policy options and organisational response under plausible futures.
Climate scenarios are plausible challenging and relevant stories about how the future climate may unfold.
Scenarios:
See Staff guidance entity scenario development [External Reporting Board website].
Climate scenarios:
Many of the problems we face today, such as climate change, cannot be solved by traditional planning approaches.
Climate change is a complex problem with high levels of uncertainty that depend strongly on social, political, and cultural factors, as well as economic ones.
Climate scenarios provides a systematic approach for developing and testing plans and policies in the context of uncertain futures. It is particularly useful where there is high uncertainty and limited ability to control the risks.
They:
See Staff guidance entity scenario development [External Reporting Board].
Government ministries and other public sector organisations face the need to make strategic decisions with uncertain future outcomes. These often involve multiple interacting stressors.
Public sector organisation have to consider:
Climate scenarios can be used by public sector organisations to:
Climate scenarios developed for a public sector organisation should reflect that the organisation is serving social, cultural, and environmental outcomes. This differs from private sector entities which are generally focused on financial implications.
Public sector organisations should: