1. Read this UNFCC document on science of Climate change - https://www.ipcc.ch/site/assets/uploads/2018/02/WG1AR5_SPM_FINAL.pdf 2. This is an interesting link for global emissions - https://ourworldindata.org/co2/country/india?country=~IND 3. In the readings for this section, you'll explore a comprehensive report on the state of climate change science and key points of scientific consensus. 4. IPCC (2013). Summary for Policymakers. Climate Change 2013: The Physical Science Basis, contribution of Working Group I to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change [Stocker, T.F. et al. (eds.)]. [online] Cambridge and New York: Cambridge University Press. Available at: https://www.ipcc.ch/pdf/assessment-report/ar5/wg1/WG1AR5_SPM_FINAL.pdf [Accessed 20 Jul. 2018]. Cook, J. et al. (2016). Consensus on Consensus: A Synthesis of Consensus Estimates on Human-caused Global 5. Warming. Environmental Research Letters, 11(2016) 048002. Available at: http://iopscience.iop.org/article/10.1088/1748-9326/11/4/048002/pdf [Accessed 20 Jul. 2018]. 6. McGrath, M. (2017) Anger over 'untrue' climate change claims. BBC. Available from: https://www.bbc.co.uk/news/science-environment-40899188 [Accessed 27th September 2018] 7. World Meteorological Organization (2017). WMO Statement on the State of the Global Climate in 2017. [online] Geneva: WMO. Available at: https://library.wmo.int/doc_num.php?explnum_id=4453 [Accessed 20 Jul. 2018]. 8. Yeung, J. (2018) Japan floods: Heat wave adds to misery in devastated areas. CNN. Available from: https://edition.cnn.com/2018/07/16/asia/japan-heat-wave-intl/index.html [Accessed 25th July 2018] 9. Shell Global. Shell Scenarios. [online] Available at: https://www.shell.com/energy-and-innovation/the-energy-future/scenarios.html 10. The Economist Intelligence Unit (2015). The Cost of Inaction: Recognising the Value at Risk from Climate Change. [online] London, New York, Hong Kong, Geneva: The Economist Intelligence Unit Limited. Available at: https://www.eiuperspectives.economist.com/sites/default/files/The%20cost%20of%20inaction_0.pdf [Accessed 20 Jul. 2018]. 11. Feng, E. (2017) China coal glut threatens to create $90bn in ‘stranded assets’. FT. Available from: https://www.ft.com/content/86db7612-c822-11e7-ab18-7a9fb7d6163e [Accessed 27th September 2018] 12. We’ve seen an example of how businesses are losing out to extreme weather events. But how does this impact a company more broadly? Take a look at the statement below; you'll notice there are some options for how to word it and one blank for you to fill in. Choose from the options and fill in the blank to make a statement about your prediction, then share it in the discussion area below. Once you've done this, compare your answer with those of other students. How do the answers vary? Open discussion Complete the sentence: "I predict that valuation impacts as a result of climate change will affect {equity/fixed income/alternatives} for a company like ____ within the next {6-12 months/1-3 years/3 years +}" For example: "I predict that valuation impacts as a result of climate change will affect equity for a company like Apple within the next 1-3 years." To contribute to the discussion, fill in the form below and click ‘Submit’.
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