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SCR Exam - Question 6


A large insurance company in South America expands use of climate scenario analysis. The company used RCPs in previous scenario analyses but now hires an actuary with climate expertise to incorporate SSPs in this process.

How can the actuary advise the insurance company use SSPs going forward?

Show Answer
Correct Answer: B

The actuary can advise the insurance company to combine SSPs with different RCPs to assess climate policy options. SSPs (Shared Socioeconomic Pathways) provide different socioeconomic development trajectories, whereas RCPs (Representative Concentration Pathways) provide different greenhouse gas concentration trajectories. By combining SSPs with RCPs, the company can explore a wider range of future scenarios and better understand the impacts of various climate policies.

Discussion

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BudhiaOption: B
Apr 15, 2023

B is the correct answer

CASS74Option: B
Sep 27, 2023

Page 144: the SSPs can be combined with different RCPs to explore the climate policy options and assumptions (...) Having the SSPs alongside, but separate from, RCPs allows the two to be mixed and matched.

Aziz09081Option: B
Apr 18, 2023

Agree B is correct

Gs2410Option: D
Aug 2, 2023

SSP and RCP are alternate option for emission pathways in scenario analysis.

KhoaNDOption: B
Oct 26, 2023

B is correct

CecileCOption: B
Apr 21, 2023

B is correct.

ochownyOption: B
Sep 9, 2023

B should be correct answer, refer to P165 "Having SSP alongside RCP allows the two to be mixed and matched"

swapnagbhatiaOption: B
Oct 21, 2023

B is correct

CMLamOption: B
Oct 26, 2023

B is correct

qingyang111000Option: B
Apr 11, 2024

The SSP base scenarios deliberately do not include climate policies. The reasoning is that the SSPs can be combined with different RCPs to explore the climate policy options and assumptions that are necessary to limit global warm-ing to a particular target level.

Ramki_Looking_For_AnswerkeyOption: B
Apr 17, 2024

B should be the right answer

Kai_KohiOption: B
Apr 18, 2024

Key word here is 'combine' SSPs with RCPs which is fundamental in explaining SSP.

linaSCROption: B
Apr 21, 2024

the two types (rcp & ssp ) should be combined, not exchanged