Global Climate Service
Assess the impact climate change will have on all facets of your business, now and in the years ahead.
Overview
Climate change is no longer a distant risk. Physical hazards are intensifying, transition risks are reshaping cost structures through carbon pricing, and the pace and direction of the energy transition are creating winners and losers across sectors and geographies. For business leaders and policymakers, the challenge is translating that reality into concrete, quantifiable implications for strategy and investment.
The Global Climate Service turns climate and transition risks into macroeconomic, financial, and business outcomes. Whether you are assessing transition risk, stress-testing portfolios, or meeting evolving regulatory disclosure requirements, our service provides the analytical foundation to act with confidence and credibility.
What’s included
Powered by our Global Economic Model, the service delivers Oxford Economics’ baseline forecast, five long-term and two short-term climate scenarios covering transition and physical risks. This enables you to assess the implications of different climate pathways across different horizons, in a single, coherent framework.
Climate scenarios
Short-term scenarios to 2030 and long-term scenarios to 2060, including NGFS-aligned and Oxford Economics’ proprietary scenarios. These are updated quarterly to reflect the latest policy, technology, and research developments.
Climate databank
Detailed macroeconomic and climate forecasts for 59 countries, including baseline and scenario outputs. Coverage includes core macroeconomic variables, financial indicators, trade, sectoral output, commodity prices, energy mix, and greenhouse gas emissions.
Climate dashboard
Interactive dashboards that explore and contrast different climate scenarios. Compare assumptions, transition pathways, and impact by country and scenario.
Global climate report
Quarterly reports setting out the narratives, assumptions, and modelling results for each scenario.
Research briefings
Thematic and event-driven analysis on climate policy, energy, and technological change, as well as their implications.
Why Oxford Economics?
Robust climate modelling
Climate scenarios are built using our industry-leading Global Economic Model, which links the complex interactions between climate policy, energy systems, emissions, and the physical impacts of climate change. Our holistic modelling infrastructure ensures that we produce coherent, robust results across scenarios, countries, and time horizons.
Transparent and auditable methodology
Clear documentation of assumptions, transmission channels, and modelling approach supports validation, regulatory use, and internal governance.
Designed for regulatory reporting
Clients, including major financial institutions, have adopted our scenarios specifically to meet the requirements of central bank stress test frameworks, providing a credible, defensible basis for regulatory reporting and disclosures.
Supported by dedicated expertise
Our team combines macroeconomic modelling with specialist climate expertise, continuously refining model equations, and calibrating the assumptions that underpin our scenarios. This delivers both the analytical rigour and contextual understanding needed to produce robust scenarios and interpret results.
Benefits
- Support climate stress testing and reporting. Use transparent, model-based climate scenarios to support regulatory reporting, climate stress testing, and risk management.
- Quantify climate risk impacts. Translate climate transition and physical risks into measurable impacts on GDP, inflation, trade, and key financial indicators to support decision making.
- Assess business resilience under alternative climate pathways. Evaluate how different climate scenarios could affect your operating environment and business outlook. Indentify potential risks and opportunities to support resource allocation and reduce exposure to climate-related risks.
- Inform policy, research, and stakeholder communication. Assess the economic costs and trade-offs of climate transition pathways using consistent, model-based scenarios. Support public sector analysis, research agendas, and stakeholder communication with credible, quantitative insights.
Testimonials
Oxford Economics has added real value to our long-term forecasting at Heathrow Airport. The scenario-based approach helps us explore a range of possible futures, giving us deeper insight into how climate transition could impact our market and business. and the available datasets have strengthened our ability to make informed, data-driven decisions. The regular updates and horizon scanning reports are also especially helpful in keeping us ahead of emerging trends and shifts we need to be aware of.
Case studies
Latest insights
Request a free trial
Complete the form 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.
