House_world

: Assumptions include the preservation of only currently implemented policies, leading to a failure to meet Nationally Determined Contributions (NDCs).

The NGFS and European Central Bank (ECB) categorize this as the most severe physical risk pathway. house_world

In financial and climate modeling, a (or "House World") scenario describes a future where global climate policy efforts are insufficient to halt significant warming, typically resulting in temperature increases of : Assumptions include the preservation of only currently

: Because aggressive decarbonization is not attempted, the immediate costs of shifting to a green economy (e.g., carbon taxes, early asset retirement) are negligible. house_world

or more by 2100. This report outlines the core characteristics, economic impacts, and limitations of this trajectory as defined by organizations like the . Core Scenario Characteristics