House_world -

or more by 2100. This report outlines the core characteristics, economic impacts, and limitations of this trajectory as defined by organizations like the . Core Scenario Characteristics

: Because aggressive decarbonization is not attempted, the immediate costs of shifting to a green economy (e.g., carbon taxes, early asset retirement) are negligible. house_world

In financial and climate modeling, a (or "House World") scenario describes a future where global climate policy efforts are insufficient to halt significant warming, typically resulting in temperature increases of or more by 2100

: Assumptions include the preservation of only currently implemented policies, leading to a failure to meet Nationally Determined Contributions (NDCs). In financial and climate modeling, a (or "House

: High emissions lead to irreversible biophysical changes, including drastic sea-level rise and a non-linear increase in extreme weather events.

The NGFS and European Central Bank (ECB) categorize this as the most severe physical risk pathway.