Les scénarios climatiques du NGFS : un pari risqué pour le climat et la finance
Summary
Reclaim Finance argues that the NGFS's June 2021 climate scenarios are unrealistic and risky because they rely too heavily on carbon capture and storage (CCS) and fail to mandate an end to fossil fuel investments. The document warns that these scenarios, which are used by European and British regulators, could lead financial institutions to fund stranded assets and non-sustainable biomass, ultimately pushing global warming beyond 1.5°C. It calls for the NGFS to align with IEA recommendations by requiring an immediate stop to new coal, oil, and gas projects.
Key insights
- The NGFS's 1.5°C scenarios rely excessively on carbon capture and storage (CCS) and other negative emission technologies (NET), which the document claims slows the decline of fossil fuels and misleadingly presents high-CDR scenarios as more 'methodical' or less risky.
- The scenarios fail to recognize the necessity of ending investments in coal, oil, and gas, potentially leading financial institutions to fund new projects that risk becoming stranded assets.
- The NGFS scenarios overestimate the sustainable production potential of biomass and rely on bioenergy with carbon capture and storage (BECCS) for long-term goals.
- The NGFS scenarios are influential as they are utilized by regulators in France, the UK, and the EU, and are central to the UK COP26 private finance strategy and the EU's sustainable finance strategy.
Cite the original document
- APA
- admin (2021). Les scénarios climatiques du NGFS : un pari risqué pour le climat et la finance. Reclaim Finance. https://reclaimfinance.org/site/2021/08/04/les-scenarios-climatiques-du-ngfs-un-pari-risque-pour-le-climat-et-la-finance/
- Chicago
- admin. Les scénarios climatiques du NGFS : un pari risqué pour le climat et la finance. Reclaim Finance, 2021. https://reclaimfinance.org/site/2021/08/04/les-scenarios-climatiques-du-ngfs-un-pari-risque-pour-le-climat-et-la-finance/.
- Wikipedia
- {{cite press release |last1=admin |title=Les scénarios climatiques du NGFS : un pari risqué pour le climat et la finance |publisher=Reclaim Finance |date=4 August 2021 |url=https://reclaimfinance.org/site/2021/08/04/les-scenarios-climatiques-du-ngfs-un-pari-risque-pour-le-climat-et-la-finance/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{admin2021les, author = {admin}, title = {{Les scénarios climatiques du NGFS : un pari risqué pour le climat et la finance}}, publisher = {Reclaim Finance}, year = {2021}, month = aug, url = {https://reclaimfinance.org/site/2021/08/04/les-scenarios-climatiques-du-ngfs-un-pari-risque-pour-le-climat-et-la-finance/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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