31. Institutions should use credible scenarios, based on the most recent scientific knowledge, and …

Institutions should use credible scenarios, based on the most recent scientific knowledge, and on scenarios and resources provided by widely recognised international or regional organisations, such as:

• a. for climate risks: the Intergovernmental Panel on Climate Change (IPCC), the Network for Greening the Financial System (NGFS), the International Energy Agency (IEA), the United Nations Environment Programme (UNEP), the Joint Research Centre of the EU Commission (EU JRC) or national government or non-government bodies;
• b. for other environmental risks beyond climate: the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES), the United Nations specialised agencies³⁰ , the European Environment Agency (EEA)³¹ , the World Resources Institute FINAL REPORT ON GUIDELINES ON ENVIRONMENTAL SCENARIO ANALYSIS

(WRI)³² , as well as regionally or nationally developed science-based assessments (e.g. national biodiversity strategies, soil and water management plans, or pollution monitoring frameworks).

³⁰ The UN specialised agencies include UNEP, FAO (Food and Agriculture Organisation), GBO (Global Biodiversity Outlook) which is the Convention on Biological Diversity – CBD’s flagship framework for tracking global biodiversity progress, and others relevant to environmental monitoring and policy.

³¹ The EEA is an EU body offering a framework for environmental data and policy support.

³² The WRI is a research institute developing frameworks for sustainable resource management and climate action.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/