Tech firm Ortec Finance has released integrated economic and climate scenarios for investors. In what it claims to be a first, Ortec Finance incorporated data from 28 climate scenarios – including the Network for Greening the Financial System (NGFS) and the Inevitable Policy Response (IPR) – onto stochastic economic scenarios. The results, included in the firm’s latest quarterly release of economic scenarios, found that temperatures were likely to rise by 2 to 3°C by 2100 based on the current trajectory. “This pragmatic yet powerful solution reflects the urgent need to address the potential impact of climate change on investment portfolios globally,” said Hens Steehouwer, Chief Innovation Officer at Ortec Finance. “The integration of climate scenarios into economic scenarios supports investors’ initiatives to combine results from climate risk analysis and traditional investment risk analysis to drive their investment decision-making.”
