The NGFS and European Central Bank (ECB) categorize this as the most severe physical risk pathway.
: High emissions lead to irreversible biophysical changes, including drastic sea-level rise and a non-linear increase in extreme weather events. house_world
: Because aggressive decarbonization is not attempted, the immediate costs of shifting to a green economy (e.g., carbon taxes, early asset retirement) are negligible. The NGFS and European Central Bank (ECB) categorize