NGFS scenarios are a standardised set of climate pathways from the Network for Greening the Financial System, combining transition policy, physical impacts, and macro-financial indicators for financial risk analysis.
You're running a regulatory climate exercise at an insurer. Using NGFS scenarios keeps your results aligned with what supervisors expect and comparable with peers, instead of defending a bespoke set.
NGFS scenarios are the common reference for supervisory exercises, so they're the default starting point for financial-sector scenario analysis and stress testing. EarthScan maps asset-level physical risk to recognised scenario sets.
Central banks, supervisors, banks, and insurers — as a common basis for climate scenario analysis and stress testing.
