The NACE – CPRS – IAM mapping: A tool to support climate risk analysis of financial portfolio using NGFS scenarios.

18530 5 100354 2 307583 document 100354 SSRN-id4223606.pdf application/pdf a446bed4735817a596e170387313a00c MD5 1086681 2022-12-23 06:41:55 https://pure.iiasa.ac.at/id/eprint/18530/1/SSRN-id4223606.pdf 18530 1 1 application/pdf text en public cc_by_4

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published 100355 1 307588 document 100355 indexcodes.txt text/x-c++ f433b5cb3871d730a65083214cafde12 MD5 11343 2022-12-23 06:51:20 https://pure.iiasa.ac.at/id/eprint/18530/2/indexcodes.txt 18530 2 2 text/x-c++ other Generate index codes conversion from text to indexcodes en public

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/100354 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/100354 http://eprints.org/relation/issmallThumbnailVersionOf https://pure.iiasa.ac.at/id/document/100354 archive 2 disk0/00/01/85/30 2022-12-23 06:44:28 2022-12-23 06:44:28 2022-12-23 06:44:28 article show Battiston S. Monasterolo I. van Ruijven B. 92197 0000-0003-1232-5892 Krey V. 8099 0000-0003-0307-3515 The NACE – CPRS – IAM mapping: A tool to support climate risk analysis of financial portfolio using NGFS scenarios. pub ECE IACC S3 Climate transition risk, climate finance, CPRS Granular, classification of economic activities, process-based IAM, NGFS scenarios We propose a mapping from NACE codes of economic activities, into Climate Policy Relevant Sectors (CPRS) and into the variables of the process-based Integrated Assessment Models (IAM) used by the Network for Greening the Financial System (NGFS) to provide its climate scenarios. We discuss the classification of CPRS at the disaggregation level provided by CPRS Granular, which distinguishes across energy technologies (e.g. within transport, motor vehicles powered by combustion vs electric engines). Then, we describe the mapping of NACE 4-digit – CPRS Granular – IAM variables used in the scenarios of the NGFS. CPRS enable users to group the large number of NACE codes into few categories of climate transition risk. At this point, it is possible to identify for each NACE economic activity the most relevant IAM variable to use in the NGFS scenarios. This procedure enables the use of climate scenarios (e.g. NGFS) for climate-related financial disclosure and climate stress testing. The goal of this note, and of the proposed mapping is to support practitioners, financial supervisors, investors and academics in climate transition risk disclosure and climate transition risk assessment, providing a science-based, transparent and operational tool. 2022-09-19 doi:10.2139/ssrn.4223606 3102 166 public SSRN FALSE 1556-5068 info:eu-repo/semantics/article