Climate scenarios: so what and what’s next? – Baillie Gifford

Investment teams require greater climate scenario awareness, the twin transitions will have impacts across the whole economy with consequences well beyond their immediate effects. Local outcomes could be very different from a global average, complexity and unpredictable step-changes will be rife.

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... The climate scenario workshops undertaken by Baillie Gifford's investment teams have revealed six common threads. One takeaway is their usefulness in deepening their understanding of actual physical climate change, another is the persistence of several low-carbon technologies across the range of scenarios against a shifting world order, the company see value in developing Baillie Gifford's scenario narratives to support their investment process over the coming months.

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