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The Real World Climate Scenarios initiative aims to address the issue by developing more relevant scenarios that integrate the complex the overlapping impacts such as geopolitical, extreme weather events, migration and strandedassets, among others.
Breaking with tradition Finance Watch’s latest report , released this week, underscores the stark reality of rising climate risks and calls for economic models that do not mislead, scenario analyses that prepare the market, and a new prudential tool to address the build-up of systemic climate risk.
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