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Pass the GARP GARP Certification SCR Questions and answers with CertsForce

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Questions # 1:

An environmental agency for a southeast Asian nation increases funding to study historic climate change and its impacts. The agency funds a proposal for a scientific subject matter expert to conduct a large-scale study of the nation’s tree rings.

What information will this study most likely reveal?

Options:

A.

Temperature anomalies up to 1°C


B.

Frequency of climate tipping points


C.

Temperature anomalies up to 10°C


D.

Frequency of global ice ages


Expert Solution
Questions # 2:

A major hurricane extensively damages the electrical infrastructure of a utility company. To improve the utility’s risk management, the risk director prepares a strategy plan and incorporates climate risk considerations within the existing risk management framework.

Which recommendation should the director make to incorporate climate risk into the framework’s risk identification component?

Options:

A.

Evaluate the vulnerability and adaptive capacity of facilities using data gathered on the scope of climate risks.


B.

Flag any substantial changes in the utility’s external environment to trigger a modification of the risk management process.


C.

Examine the transmission channels of climate risk drivers into financial risk to determine which risks are likely to materialize for the utility.


D.

Rate risks on impact and level of control to focus on risks with the most severe impact but over which the utility has the most control to improve outcomes.


Expert Solution
Questions # 3:

An international agrochemical company performs climate scenario analysis to include in TCFD disclosures. The risk department hires an analyst with experience in physical risk scenario analysis.

What scenario analysis action will the analyst most likely recommend to evaluate physical climate risk?

Options:

A.

Use a sector benchmark to understand the company wildfire risk for facility operations.


B.

Use sectoral emissions trajectories up to 2050 to predict exposure to flooding events over the next 30 years.


C.

Use historical data on hazard occurrences to identify potential supply chain vulnerabilities from changes in hurricane frequencies.


D.

Use annual instead of decadal climate precipitation models to achieve the most accuracy in climate risk prediction.


Expert Solution
Questions # 4:

An international development bank publishes an annual index that evaluates climate risk at a regional level. The index consists of several economic, policy, and physical risk components. For the upcoming index publication, the bank identifies new components that reflect the ability of companies and local infrastructure to incorporate clean and renewable energy sources into electric grids and transport systems. Which of the following risk components will the bank most likely identify?

Options:

A.

Hazard


B.

Exposure


C.

Vulnerability


D.

Policy


Expert Solution
Questions # 5:

A fashion company raises an SLL to improve the company ESG score. The sustainability team identifies two sustainability KPIs for finalizing the loan with a financial institution. Which of the following KPIs did the team most likely recommend for the SLL?

Options:

A.

Innovation funding and new products released


B.

GHG emission reduction and gender diversity on the board


C.

Electricity sources from renewable energy and revenue growth


D.

Net sales and recycling of goods


Expert Solution
Questions # 6:

A climate scientist develops a presentation on modern climate change for a group of policymakers.

What observation does the scientist include in the presentation that provides evidence of human attribution to current climate change?

Options:

A.

Atmospheric CO2 with isotopes consistent with fossil fuel emissions have increased since the mid-20th century.


B.

Glacial ice records indicate atmospheric CO2 increased by 135 parts per thousand since the Industrial Revolution.


C.

In the past 200 years, CO2 is responsible for most negative radiative forcing.


D.

In the past 100 years, the atmospheric lifetime of CO2 attributed to energy use increased.


Expert Solution
Questions # 7:

An oil and gas company aligns strategy and resiliency planning with long-term global climate goals. After conducting a feasibility study, a company climate risk analyst recommends incorporating IEA scenarios into company strategy development. How might the use of IEA reference scenarios improve company strategy planning?

Options:

A.

IEA scenarios incorporate long-term energy and climate projections to meet sector-specific energy transition goals.


B.

IEA scenarios guide short-term efforts to reduce operational costs and optimize energy usage.


C.

IEA scenarios consider technological advancements in energy intensive sectors to forecast short-term market trends.


D.

IEA scenarios provide detailed projections of future climate impacts that will inform mitigation strategies primarily for physical risks.


Expert Solution
Questions # 8:

A West African energy company plans to expand beyond regional operations to markets throughout the continent. Executive leadership determines integrating SDGs into operations can help the company appeal to new consumers and political decision makers. The company CSO develops a strategy to promote the SDGs to external stakeholders.

What should the strategy include?

Options:

A.

Calculation of the economic benefits of an SDG before applying a strategy.


B.

Disclosure of the SDG alignment to investors to allow comparability among peers.


C.

Quantification of each SDG target to measure progress.


D.

Prioritization of SDGs that incorporate nature-based solutions.


Expert Solution
Questions # 9:

An international report on SDG progress identifies a large south Asian nation as not on track to meet most SDGs. Specifically, the nation’s reduction of infant mortality and adoption of clean energy lag behind regional peers. In response, a government environmental minister creates a memorandum outlining steps the nation can take to advance the 2030 Agenda goals. The office distributes the memorandum to other government agencies.

How will the memorandum describe the 2030 Agenda goals?

Options:

A.

Governments must update their progress on the goals every five years.


B.

Progress on any goal is dependent on the advancement of the previous goal.


C.

A project intended to advance a specific goal can help advance another goal.


D.

Each goal sets a quantitative threshold to demonstrate progress.


Expert Solution
Questions # 10:

The CRO of an automobile manufacturer in North America prepares a keynote address on risks in the auto sector over the next decade. The CRO highlights the primary technology risks facing its line of internal combustion engine (ICE) vehicles.

At approximately what point will many manufacturers of ICE vehicles experience a significant technology risk?

Options:

A.

Renewable energy costs fall to USD 0.10 per megawatt hour


B.

The cost of battery packs falls below USD 0.50 per kilowatt hour


C.

Renewable energy costs fall to USD 35.00 per megawatt hour


D.

The cost of battery packs falls below USD 100.00 per kilowatt hour


Expert Solution
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