NGFS publishes explanatory notes on NGFS long-term climate scenarios

The Network for Greening the Financial System (NGFS) has published a series of explanatory notes to enhance clarity and usability of its long-term climate scenarios. These notes respond to user feedback seeking greater transparency on underlying assumptions and narratives and aim to support broader application of NGFS scenarios. They cover energy investments, scenario narratives and key findings, key assumptions, physical risks and tipping points in the earth system in the context of NGFS physical risk assessment. The documents form part of Phase V of the NGFS scenario development and go beyond the high-level results presented in the Phase V presentation deck released in November 2024, offering users a closer look at individual scenario outcomes.

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