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The Global Association of Risk Professionals (GARP) Sustainability and Climate Risk (SCR) Exam is a certification program designed to assess and validate the knowledge and skills of professionals in the field of sustainability and climate risk management. SCR Exam covers a wide range of topics related to sustainable finance, environmental, social, and governance (ESG) considerations, and emerging climate risks.
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GARP SCR (Sustainability and Climate Risk) Certification Exam is a comprehensive test designed for professionals seeking recognition for their expertise in sustainability and climate risk management. Developed by the Global Association of Risk Professionals (GARP), this certification program aims to equip candidates with the knowledge and skills necessary to navigate the complex landscape of sustainability and climate risk.
GARP Sustainability and Climate Risk Sample Questions (Q107-Q112):
NEW QUESTION # 107
A public policy think tank releases a report on global decarbonization pathways. The report describes the relative contribution of each GHG to modern climate change and recommends focusing global efforts on CO2 reduction.
Why would the think tank make this recommendation?
- A. CO2 atmospheric concentrations have increased by approximately 1 part per billion.
- B. CO2 is responsible for approximately a 2.25 w/m2 increase in radiative forcing.
- C. CO2 atmospheric concentrations have increased by approximately 100 parts per billion.
- D. CO2 is responsible for approximately a 1.00 w/m2 increase in radiative forcing.
Answer: B
NEW QUESTION # 108
A team of climate risk specialists at a global non-profit research organization prepares a study on climate policy and achieving national climate change mitigation targets. The study focuses on actors, non-state and subnational (NSA) participants, and actions that can be taken to impact climate policy.
How should the team describe effective climate policy and climate change mitigation targets?
- A. Full implementation of NSA commitments is expected to lower GHG emissions by close to 1.5%-2.0% more by 2030 than national pledges.
- B. A hindrance to the effectiveness of regional policies is that ambitious climate policy cannot be made without the support of the federal government.
- C. Subnational commitments and actors can function as networks or advocacy efforts to combat climate change.
- D. There has been an increasing trend in diverging public and private sector coalitions and consequent climate actions.
Answer: C
NEW QUESTION # 109
The board of directors of a growing asset management firm recommends the firm expand its ERM framework to incorporate climate risks. In response, the risk team references the COSO ERM framework for applying ESG-related risks to develop and propose a strategy to implement climate risk into the various ERM components.
How will the risk team modify the existing strategy component of the company's ERM framework?
- A. Gather and use scores and physical and transition risk exposure data to conduct various analyses to determine if excess risk would exist in an unfavorable climate scenario.
- B. Factor in climate risk impacts when reassessing risks after considerable business changes.
- C. Evaluate the full business context on climate risk and understand how climate change affects the inputs, business activities, and outputs.
- D. Rank climate risks by likelihood of occurrence and severity to examine resulting outcomes and how the firm can mitigate these risks.
Answer: C
NEW QUESTION # 110
A large country joins the Paris Agreement and directs the national environmental department to disseminate new policies and goals to relevant federal agencies. Most agencies are familiar with past climate agreement principles and protocols but not those of the Paris Agreement.
The environmental department should educate federal agencies on what feature of the Paris Agreement?
- A. Investment in clean energy projects in exchange for emissions credits
- B. Differentiated mitigation responsibilities according to national capabilities
- C. Strategies for developing countries to advance mitigation plans
- D. Voluntary national climate targets updated on a regular basis
Answer: D
NEW QUESTION # 111
Organizers of an upcoming UN Climate Change Conference prepare a document highlighting successes and failures of climate accords over the last 20 years.
The document lists what success from the 2009 Copenhagen Accord?
- A. Establishment of a uniform emissions reduction target baseline
- B. Unconditional emissions reduction targets by Annex II parties
- C. Binding short-term GHG emissions reduction commitments
- D. Acceptance of a quantitative long-term global warming limit
Answer: D
NEW QUESTION # 112
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