{"id":74,"date":"2021-04-12T01:26:33","date_gmt":"2021-04-12T05:26:33","guid":{"rendered":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/?post_type=chapter&p=74"},"modified":"2021-07-05T00:26:33","modified_gmt":"2021-07-05T04:26:33","slug":"activity","status":"publish","type":"chapter","link":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/chapter\/activity\/","title":{"raw":"Activity","rendered":"Activity"},"content":{"raw":"
\r\n

Activity<\/p>\r\n\r\n<\/header>\r\n

\r\n

This activity involves using data to formulate observations and conclusions regarding an economic sector's exposure to transition risks under various socioeconomic scenarios. Below are the tasks required:<\/p>\r\n\r\n

    \r\n \t
  1. Read the overview and descriptions of the five Shared Socioeconomic Pathways <\/i>(SSPs)<\/a>. The SSPs will be combined with RCPs (Representative Concentration Pathways, used in Activity 1) to generate the scenarios we\u2019ll use in this activity.<\/li>\r\n \t
  2. Choose a climate policy relevant sector of the economy that interests you.<\/li>\r\n \t
  3. Open the SSP database<\/a> and go to the IAM Scenarios tab (IAM stands for Integrated Assessment Model)<\/i><\/li>\r\n \t
  4. In the menu for Model\/Scenarios <\/b>choose SSP1 \u2013 1.9, SSP2 \u2013 1.9 and SSP5 \u2013 1.9. (Review the SSP storylines<\/a> to understand the underlying assumptions of the three models; the number refer to the RCP scenario for RCP1.9\u2014the pathway consistent with a global warming target of 1.5C.)<\/li>\r\n \t
  5. In the Menu for Variable<\/b>, choose Climate\/Temperature\/Global Mean and note the projected warming trend over time.<\/li>\r\n \t
  6. In the menu for Variable<\/b>, choose Economic Indicators\/Price|Carbon. Notice the different carbon price trajectory for the three SSP scenarios<\/li>\r\n \t
  7. Consider the transition risk exposure of the economic sector you chose in Step 1 in each of the three scenarios. Answer the following questions:\r\n
      \r\n \t
    1. Which scenario poses the greatest transition risk and which the least?<\/li>\r\n \t
    2. What are the implications of each scenario for investors in your sector?<\/li>\r\n \t
    3. Referring back to the storylines, what are the socioeconomic conditions that generate the lowest transition risks?<\/li>\r\n<\/ol>\r\n<\/li>\r\n \t
    4. Post your observations and conclusions to the Module 2 discussion forum.<\/li>\r\n \t
    5. Read observations posted by others and comment on at least two.<\/li>\r\n<\/ol>\r\n<\/div>\r\n<\/div>\r\n ","rendered":"
      \n
      \n

      Activity<\/p>\n<\/header>\n

      \n

      This activity involves using data to formulate observations and conclusions regarding an economic sector’s exposure to transition risks under various socioeconomic scenarios. Below are the tasks required:<\/p>\n

        \n
      1. Read the overview and descriptions of the five Shared Socioeconomic Pathways <\/i>(SSPs)<\/a>. The SSPs will be combined with RCPs (Representative Concentration Pathways, used in Activity 1) to generate the scenarios we\u2019ll use in this activity.<\/li>\n
      2. Choose a climate policy relevant sector of the economy that interests you.<\/li>\n
      3. Open the SSP database<\/a> and go to the IAM Scenarios tab (IAM stands for Integrated Assessment Model)<\/i><\/li>\n
      4. In the menu for Model\/Scenarios <\/b>choose SSP1 \u2013 1.9, SSP2 \u2013 1.9 and SSP5 \u2013 1.9. (Review the SSP storylines<\/a> to understand the underlying assumptions of the three models; the number refer to the RCP scenario for RCP1.9\u2014the pathway consistent with a global warming target of 1.5C.)<\/li>\n
      5. In the Menu for Variable<\/b>, choose Climate\/Temperature\/Global Mean and note the projected warming trend over time.<\/li>\n
      6. In the menu for Variable<\/b>, choose Economic Indicators\/Price|Carbon. Notice the different carbon price trajectory for the three SSP scenarios<\/li>\n
      7. Consider the transition risk exposure of the economic sector you chose in Step 1 in each of the three scenarios. Answer the following questions:\n
          \n
        1. Which scenario poses the greatest transition risk and which the least?<\/li>\n
        2. What are the implications of each scenario for investors in your sector?<\/li>\n
        3. Referring back to the storylines, what are the socioeconomic conditions that generate the lowest transition risks?<\/li>\n<\/ol>\n<\/li>\n
        4. Post your observations and conclusions to the Module 2 discussion forum.<\/li>\n
        5. Read observations posted by others and comment on at least two.<\/li>\n<\/ol>\n<\/div>\n<\/div>\n

           <\/p>\n","protected":false},"author":120,"menu_order":10,"template":"","meta":{"pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[48],"contributor":[],"license":[],"class_list":["post-74","chapter","type-chapter","status-publish","hentry","chapter-type-numberless"],"part":54,"_links":{"self":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/pressbooks\/v2\/chapters\/74","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/wp\/v2\/users\/120"}],"version-history":[{"count":5,"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/pressbooks\/v2\/chapters\/74\/revisions"}],"predecessor-version":[{"id":228,"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/pressbooks\/v2\/chapters\/74\/revisions\/228"}],"part":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/pressbooks\/v2\/parts\/54"}],"metadata":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/pressbooks\/v2\/chapters\/74\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/wp\/v2\/media?parent=74"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/pressbooks\/v2\/chapter-type?post=74"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/wp\/v2\/contributor?post=74"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/wp-json\/wp\/v2\/license?post=74"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}