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Investor Presentaiton

Understanding transition and physical climate scenarios Transition scenarios - IEA transition scenarios Transition scenarios typically present plausible assumptions about the development of climate policies and the deployment of "climate-friendly" technologies to limit GHG emissions. Transition scenarios draw conclusions, often based on modelling, about how policy and technology regarding energy supply and GHG emissions interact with economic activity, energy consumption, and GDP among other key factors. Such scenarios may have material consequences for organisations in certain sectors of the economy in the short and medium term as well as longer term. These scenarios can reflect a faster or slower transition depending on different rates of change of key parameters. GT CO2 40 20 10 Physical climate scenarios - IPCC RCPS - physical climate scenarios Physical climate scenarios typically present the results of global climate models (referred to as "general circulation models") that show the response of the Earth's climate to changes in atmospheric GHG concentrations. IPCC scenarios based on "Representative Concentration Pathways" (RCPs) are examples of physical climate change scenarios adopted by the IPCC in its 5th Assessment Report (AR5). Model results are frequently "downscaled" to derive potential local-level changes in climate, which are then used to generate scenarios of impacts from climate change (first order impacts such as flooding or drought, second order impacts such as loss of crop production, and third order impacts such as famine). Page 21 9 August 2023 How to prepare a report in compliance with IFRS S1/S2? Current Trends Stated Policies Scenario Electric motors efficiency Building efficiency Power efficiency Light industry efficiency Cars & trucks efficiency Ar sondooners efficeny Aviation & shipping efficiency Wed Solar PV Biofuels transport Other renewables in power Other renewables in end-uses Hydro Now Sustainable Development Scenario Electric vehicles CCUS power COUS non-power Behavioural change Resource efficiency 2010 2020 2030 2040 2050 100 80 60 Scenario categories >1000 ppm CO₂eq 720-1000 ppm 580-720 ppm Emissions from fossil fuels and cement (GtCO₂/yr) 60 60 40 20 480-580 ppm 430-480 ppm 2014 Estimate- Historical emissions 0 net-negative global emissions RCP8.5 3.2-5.4°C relative to 1850-1900 RCP6 2.0-3.7°C RCP4.5 1.7-3.2°C RCP2.6 0.9-2.3°C -20 1980 2000 2020 2040 2060 2080 2100 EY
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