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GARP SCR (Sustainability and Climate Risk) Certification Exam is an important credential for risk management professionals who are seeking to demonstrate their expertise in sustainability and climate risk. Sustainability and Climate Risk certification program covers a range of topics related to these critical issues and is widely recognized as an industry standard. By earning the SCR Certification, candidates can distinguish themselves in the job market, advance their careers, and contribute to a more sustainable and resilient future.
Quiz GARP - Accurate SCR - Sustainability and Climate Risk Practice Questions
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GARP Sustainability and Climate Risk Sample Questions (Q64-Q69):
NEW QUESTION # 64
A credit loan officer at a commercial bank reviews a loan application from a company engaged in coal-fired power generation. The loan officer examines transition risks associated with the company's business strategy.
What policy risk driver should the loan officer identify?
- A. Prices of solar photovoltaic panels have declined since 2015.
- B. Lending to a coal-fired power plant will hurt the bank's public image.
- C. Activists and advocacy organizations increasingly file lawsuits against fossil fuel-based power companies.
- D. A government proposes legislation to mandate closure of all coal-fired power plants by 2035.
Answer: D
NEW QUESTION # 65
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?
- A. Hazard
- B. Exposure
- C. Policy
- D. Vulnerability
Answer: D
NEW QUESTION # 66
To inform climate policy in a European country, a coalition of government scientists prepares a report on future climate conditions. Within the report, the scientists summarize how positive feedback loops accelerate the rate of climate change. Which feedback loop will the scientists most likely include in the coalition report?
- A. Melting sea ice increases solar energy reflection, which intensifies the albedo in polar regions and leads to more global warming.
- B. Warmer air temperatures can hold higher amounts of water vapor, leading to higher temperatures and increased water vapor.
- C. Thawing permafrost near polar regions absorbs CO2 which slows global warming and increases thawing.
- D. Rising sea levels increase the total mass of global oceans, leading to increased oceanic carbon absorption and growing calcification for sea life.
Answer: B
NEW QUESTION # 67
A multinational food and beverage corporation has growing concerns that CO2 and other GHGs in the atmosphere have a negative effect on agricultural productivity. The corporation is subject to higher costs and scarce availability for commodities necessary for its supply chain.
The corporation will disclose this scenario under which climate-related risk type?
- A. Chronic
- B. Resource efficiency
- C. Resilience
- D. Market
Answer: A
NEW QUESTION # 68
A national regulator develops a new taxonomy for environmentally sustainable activities and policies. The taxonomy will provide clarity for companies, capital markets, and policymakers on sustainable activities.
During the development process, regulators survey taxonomies used across various jurisdictions and decide to model after the EU Taxonomy.
Which characteristic of the EU Taxonomy will the regulator most likely implement in the new taxonomy?
- A. Guide sectoral coalitions of experts to broaden and promote the growth of a green finance ecosystem
- B. Set performance thresholds for economic activities that can be considered green
- C. Emphasize fossil-fuel activities that play a significant role in the region's energy supply
- D. Assess the impact of fund management on environmental and climate-related aspects
Answer: B
NEW QUESTION # 69
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