TCFD

Climate Change, Publications, TCFD | 13 May 2022

Economic Impacts of Climate Change: Exploring short-term climate-related shocks with macroeconomic models

This report features new climate-driven macroeconomic shock scenarios developed with UK-based National Institute of Economic and Social Research (NIESR) as part of UNEP FI’s Taskforce on Climate-related Financial Disclosures (TCFD) Programme. It provides an in-depth analysis of the economic impacts of these scenarios for financial institutions and recommendations for using short-term scenarios.