Saturday, December 06, 2025 | 01:31 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

The trouble with climate scenarios is that everyone has their own

Scenario analysis can be a great way of structuring one's thinking about the future, which is essential to understanding climate change

climate change
premium

Financial regulation is another area where scenario analysis might yield limited results.

Kate Mackenzie | Bloomberg
Climate change scenarios are everywhere. These data-driven exercises in mapping out multiple visions of a warmer future appear in corporate sustainability reports, investment portfolio analyses, and consultancy offerings.

Scenario analysis can be a great way of structuring one’s thinking about the future, which is essential to understanding climate change. It’s also time-consuming, sometimes misapplied, and perhaps even slowing down attempts at tackling the actual problem.

Scenario-based decision-making was originally a military tool and made its way into the world of business via Royal Dutch Shell Plc in the 1960s. Up until a few years ago, however, it was still confined