6. GHG EMISSIONS: What are the main areas for opportunities for business and countries from the shift to net-zero emissions? a) Decarbonizing processes and products, replacing high-emission processes, new offerings to aid decarbonization b) Cap and trade schemes, carbon credits, government subsidies c) Decarbonizing process, fossil fuel curtailment, coal plant retirement 7. GHG EMISSIONS: What is the estimated average annual capital spending on energy, mobility, industry, buildings, agriculture, forestry and other land use to reach net-zero emissions by 2050 a) $4.6 trillion b) $9.2 trillion c) 20.3 trillion 8. GHG EMISSIONS: IPCC is: a) Intergovernmental Principles for Climate Control which researches and publishes pathways that could result in the world achieving its global warming targets. b) Intergovernmental Panel for Climate Change which researches and publishes pathways that could result in the world achieving its global warming targets. c) Intergovernmental Panel for Climate Change which controls country-specific emissions and reports to the UN 9. PHYSICAL AND TRANSITION RISKS: Physical risks a) Arise from the changes in weather and climate that impact the economy b) Arise from the investments to a low-carbon economy 10. PHYSICAL AND TRANSITION RISKS: Check the correct statement regarding climate sub-scenarios a) Orderly - program that is planned and put into place early, to achieve a transition to a sustainable economy that businesses and populations can work with, without sudden, stringent measures. The costs here are significant and must be budgeted in a way that allows the economy to prepare for and absorb them without crisis. b) Disorderly - Taking no action at any time in the future, leading to significant business disruption. regulatory changes without notice, and damaged supply chains. c) Hothouse World - Not adapting to the physical effects that global warming creates