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Exam SCR topic 1 question 7 discussion

Actual exam question from GARP's SCR
Question #: 7
Topic #: 1
[All SCR Questions]

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?

  • A. Demonstrate how SSP and RCP trajectories typically show contradictory emissions trend trajectories.
  • B. Combine SSPs with different RCPs to assess climate policy options.
  • C. Eventually replace SSPs with RCPs by integrating underlying data assumptions.
  • D. Use SSPs to provide alternative emissions pathways to RCPs.
Show Suggested Answer Hide Answer
Suggested Answer: B 🗳️
by Budhia at April 15, 2023, 2:29 p.m.

Comments

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linaSCR
9 months, 1 week ago
Selected Answer: B
the two types (rcp & ssp ) should be combined, not exchanged
upvoted 1 times
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Kai_Kohi
9 months, 1 week ago
Selected Answer: B
Key word here is 'combine' SSPs with RCPs which is fundamental in explaining SSP.
upvoted 1 times
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Ramki_Looking_For_Answerkey
9 months, 1 week ago
B should be the right answer
upvoted 1 times
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qingyang111000
9 months, 2 weeks ago
Selected Answer: B
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.
upvoted 1 times
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KhoaND
1 year, 3 months ago
B is correct
upvoted 2 times
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CMLam
1 year, 3 months ago
Selected Answer: B
B is correct
upvoted 1 times
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swapnagbhatia
1 year, 3 months ago
Selected Answer: B
B is correct
upvoted 1 times
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CASS74
1 year, 4 months ago
Selected Answer: B
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.
upvoted 3 times
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ochowny
1 year, 4 months ago
B should be correct answer, refer to P165 "Having SSP alongside RCP allows the two to be mixed and matched"
upvoted 1 times
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Gs2410
1 year, 5 months ago
Selected Answer: D
SSP and RCP are alternate option for emission pathways in scenario analysis.
upvoted 2 times
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CecileC
1 year, 9 months ago
Selected Answer: B
B is correct.
upvoted 1 times
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Aziz09081
1 year, 9 months ago
Agree B is correct
upvoted 2 times
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Budhia
1 year, 9 months ago
B is the correct answer
upvoted 4 times
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Community vote distribution
A (35%)
C (25%)
B (20%)
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