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Oxford Economics explains CMIP7 climate scenario update

Original: What the CMIP7 update means for our Global Climate Scenarios

Oxford Economics has published an analysis of what the CMIP7 climate model update means for its Global Climate Scenarios. The latest generation of climate projections is used by economists and businesses to assess physical climate risks, and the firm outlines how the new data may shift its long-range scenario assumptions.

Why now: The release of CMIP7 climate model data is prompting forecasters to reassess how climate risk feeds into economic scenarios.

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