Events and Webinars

Webinar

Global Climate Service – From Bright to Bleak: Taking Stock of Climate Futures

with Beatrice Tanjangco, Toby Whittington and Manuela Kiehl | Online | October 17, 2023

Oxford Economics produces climate scenarios updated quarterly, using our world class models to quantify physical and transitional risks at a macroeconomic and sectoral level. Our models are hybrid structural models with transparent, verifiable channels and clear, detailed reporting on assumptions and methodology. This quarter we have expanded our coverage to highlight the full spectrum of the physical and transition risks associated with climate change. Scenarios at the tail end of distribution such as Energy Disorder focusses on energy security and Climate Catastrophe focuses on what happens if governments fail to meet policy pledges – both mean the concentration of greenhouse gases in the atmosphere intensifies and result in more severe physical damages that accelerate over time. These scenarios are critical for risk assessment. At the other end of the spectrum, there are multiple paths to keep temperatures in check, and these can be transformative or disruptive. In this webinar, we will present our findings across a range of net zero scenarios and the more extreme physical risk scenarios. We will also discuss new model developments and updates to our fossil fuel demand forecasting methodology.