Briefing
Fact Check: IEA Climate Scenarios are not Aligned with Paris Goals
Published by: Oil Change International & Greenpeace
Investor briefing, October 2018
Co-published with Greenpeace
The IEA scenarios — including the Sustainable Development Scenario (SDS) — fall short of the Paris Agreement goals and therefore don’t actually answer the question investors are asking, namely: are companies prepared for a world that takes the Paris Agreement seriously? The SDS is not providing an effective stress test, nor a useful guide to how things may change.
This investor briefing examines some of the claims the IEA has made in response to concerns raised by investors and others about its scenarios. We hope that this briefing will assist investors in scrutinising the IEA’s responses. We recommend how investors might engage with the IEA to ensure more robust scenarios.