Global Climate Service
Assess the impact climate change will have on all facets of your business – now and in the future.
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Overview
Changing weather patterns and frequent natural disasters have increased environmental concerns. As a result, mitigation and adaptation have become a major priority for policymakers and business leaders. Our unique climate scenarios and research will help you translate the impact climate change will have on the global economy, different countries and sectors, and subsequently on your business.
About the Global Climate Service
Global Climate Scenarios
Includes several pre-defined scenarios and a baseline covering a wide range of potential climate risks facing the world today.
Macroeconomic climate research
Monthly research on key climate issues such as mitigation policy, global warming, technology and more.
Global climate databank
Access to detailed macroeconomic and climate change metrics, with data out to 2050.
Expert support
Talk to our team of economists who monitor, analyse and measure climate change risks.
Benefits
The Global Climate Service will help you assess the impact of climate change on your business outlook, helping inform your decision-making for now and in the future.
Risk assessment
Our forecasts and research will enable you to effectively evaluate the impact climate will have on your business outlook. This will enable you to allocate resources efficiently and identify activities that can reduce your exposure to climate change.
Strategic planning
Our scenario analysis and research will help you evaluate how the world’s economic landscape could evolve under various climate scenario narratives. Scenarios provide a structure to strategic conversations about your company’s future and help you understand the robustness of your financial plans.
Reporting
The climate databank will allow you to monitor the external environment and report on climate-related financial risks in order to meet environmental, social and governance standards.
The macroeconomics of climate change mitigation
Stringent mitigation scenarios aimed at limiting global warming to 1.5°C are right at the edge of what is economically feasible and will require a radical transformation of the whole economy, not just the energy supply sector. However, the macroeconomics of that transition are highly uncertain, with many different moving parts.
“We wanted to bring our climate assumptions and scenarios more in line with those used by central banks in their climate stress test analysis, so we have worked with Oxford Economics to apply their climate macro model to our productivity, GDP and inflation forecasts.
Oxford Economics has always been available to respond to our queries and provided insightful explanations for the impact of carbon pricing on macroeconomic activity in their model. We are very satisfied with their rigorous approach in modelling climate change and are happy to have collaborated with them.”
“We were drawn to working with Oxford Economics for its solid reputation and the strength of its research, and we’ve been particularly impressed with your ability to present this to governments and the media – it’s the reason we’d look for future opportunities to work together.”
Resources and events
Research Briefing
What if the move to net-zero is disorderly?
Research Briefing
Africa and climate change: Adaptation and mitigation
Blog
The economic transformation to meet net zero
Webinar
Understanding climate change from a global to local perspective
Webinar
Climate Change: Why knowing your supply chain is important
Webinar
Climate scenarios: Oxford Economics’ methodological approach explained
Webinar
The Economics of Climate Change
The economic impact of climate change
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Request a Free Trial
Complete the form below and we will contact you to set up your free trial. Please note that trials are only available for qualified users.
We are committed to protecting your right to privacy and ensuring the privacy and security of your personal information. We will not share your personal information with other individuals or organisations without your permission.
Download the brochure for the Global Climate Service
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