The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) has recommended a range of scenarios to explore climate risks. NGFS scenarios are based on integrated assessment models developed by the climate science community and include multiple climate transition pathways over multi-decade time horizons.

Ilya Khaykin, Partner, Financial Services Practice at Oliver Wyman discusses how Climate Credit Analytics is designed to help financial institutions and corporates assess how a transition to a low-carbon economy will impact the creditworthiness of their counterparties.