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Climate change has become one of the most pressing concerns of the 21st century, posing an unprecedented challenge to humanity’s future. To understand the range of possible futures that our planet may face, it’s essential to examine different climate scenarios. In this blog post, we will discuss four key climate scenarios that help us understand potential outcomes and provide insights for developing effective climate policies. These are demanded by both the TCFD and the EU CSRD, so it’s critical to get it right. The scenarios are based on the Representative Concentration Pathways (RCPs) used by the Intergovernmental Panel on Climate Change (IPCC).
RCP 2.6, often referred to as the best-case scenario, assumes that we can successfully implement and maintain aggressive climate change mitigation measures. This scenario envisions a future in which global greenhouse gas (GHG) emissions peak before 2020 and decline significantly thereafter. By the end of the century, emissions are expected to reach near-zero or even become negative, meaning that more GHGs are removed from the atmosphere than emitted.
Under RCP 2.6, global warming is projected to be limited to 1.5°C to 2°C above pre-industrial levels by 2100, thus avoiding the worst consequences of climate change. Although this scenario may seem optimistic, it emphasises the importance of immediate, ambitious action to reduce emissions and mitigate climate change.
RCP 4.5 represents a world where we take moderate action to reduce GHG emissions, resulting in a stabilisation of atmospheric concentrations by the end of the century. This scenario assumes that a combination of policy, technological advancements, and market-based solutions will help to reduce emissions, albeit more slowly than in RCP 2.6.
In this scenario, global warming is projected to reach 2.4°C to 3°C above pre-industrial levels by 2100. While the impacts of climate change would still be substantial, they would be less severe than in the worst-case scenarios.
RCP 6.0 is a scenario in which GHG emissions peak around 2080, followed by a slow decline. This pathway represents a future where efforts to mitigate climate change are made, but at a more sluggish pace than in RCP 4.5.
Under RCP 6.0, global warming is projected to reach 3°C to 4°C above pre-industrial levels by 2100. This scenario would result in more severe consequences of climate change, including more frequent and intense extreme weather events, loss of biodiversity, and significant impacts on global food and water resources.
RCP 8.5 is often referred to as the worst-case or “business-as-usual” scenario, in which no significant efforts are made to mitigate climate change. This pathway envisions a future with high population growth, increased reliance on fossil fuels, and little progress in energy efficiency or emission reduction technologies.
Under RCP 8.5, global warming is projected to reach 4°C to 6°C above pre-industrial levels by 2100. This scenario would have catastrophic consequences for the planet, including more frequent and severe extreme weather events, massive loss of biodiversity, widespread food and water shortages, and the displacement of millions of people due to rising sea levels and climate-related disasters.
Understanding these four climate scenarios allows us to better comprehend the possible futures we face depending on the actions we take to mitigate climate change. By examining the potential consequences of each scenario, policymakers and citizens alike can make informed decisions about the necessary steps to create a more sustainable and resilient world.
It is crucial to recognise that the future is not predetermined, and we have the power to influence which climate scenario becomes our reality. While RCP 2.6 may seem challenging to achieve, it represents the best chance we have to avoid the most severe impacts of climate change. To create a more sustainable and just future, we must prioritise immediate, ambitious action to reduce GHG emissions, invest in clean energy, and implement effective climate adaptation strategies.
I hope you enjoy reading this article.
Wherever you are on your ESG reporting journey you should talk to us!.
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