NGFS Climate Scenarios Data Set

Notice to users of NGFS long-term climate scenarios The NGFS informs users that the academic paper underpinning the physical risk estimates in Phase V of its long-term scenarios, Kotz et al. (2024), has received critiques in a post-publication review at Nature. The authors have revised their analysis, with limited impacts on results. The updated paper still has to undergo peer-review. The NGFS closely monitors the academic process and will incorporate any necessary updates in future iterations of its long-term scenarios. Users are reminded that neither the NGFS, nor its member institutions, nor any person acting on their behalf, is responsible or liable for any reliance on, or for any use of the NGFS scenarios and/or supplementary documentation. This also applies to the use of the data produced under the scenarios – see section 5 in https://data.ene.iiasa.ac.at/ngfs/#/license. Thus, while the NGFS climate scenarios are certainly a helpful tool, they do not alleviate the responsibility of users, including banks and other (financial) organisations, to design and implement their own risk management frameworks. Download information Please do not request a data download here. Rather, the data is available for download at the NGFS Scenario Explorer under this download link: https://data.ece.iiasa.ac.at/ngfs/#/downloads. In order to download click on Guest login. You will be forwarded to the downloads page. At the bottom of the downloads page you can download the data. The license permits use of the scenario ensemble for scientific research and commercial use, but restricts redistribution of substantial parts of the data. Please refer to the FAQ and legal code for more information. About NGFS The Network for Greening the Financial System (NGFS) is a group of 127 central banks and supervisors and 20 observers committed to sharing best practices, contributing to the development of climate– and environment–related risk management in the financial sector and mobilising mainstream finance to support the transition toward a sustainable economy. This Scenario Explorer is a web-based user interface for NGFS Scenarios. This provides intuitive visualizations & display of time series data and download of the data in multiple formats. NGFS scenarios were produced by NGFS Workstream on Scenarios Design and Analysis in partnership with an academic consortium from the Potsdam Institute for Climate Impact Research (PIK), International Institute for Applied Systems Analysis (IIASA), University of Maryland (UMD), Climate Analytics (CA), and the National Institute of Economic and Social Research (NIESR). This work was made possible by grants from Bloomberg Philanthropies and ClimateWorks Foundation. The bespoke scenarios developed in Phase 4 of this project are generated by state-of-the-art well-established integrated assessment models (IAMs), namely GCAM, MESSAGE-GLOBIOM and REMIND-MAgPIE, as well as the NiGEM macroeconomic model.