By Russ Bowdrey and János Hidi
RUSS BOWDREY is Team Leader Client Servicing, Climate & ESG Solutions at Ortec Finance. | |||
JÁNOS HIDI is a Sustainable Investment Manager at Cambridge Econometrics. |
The climate scenario modelling ecosystem has changed considerably over the last 5 years. As the adoption of Task Force on Climate-Related Financial Disclosures TCFD guidance becomes widespread, and in places mandatory, it is arguably a natural point to pause to consider whether models used thus far remain appropriate, or whether there are more suitable alternatives.
Disclaimer:
This article represents the opinion of the authors, and not necessarily the opinion of the AAE.
This article was published in The European Actuary No. 30 – June 2022
Originally published by The Actuary, March 2022. © The Institute and Faculty of Actuaries.