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You work for a mortgage company with a significant portfolio of low-land and coastal properties. You are tasked with hiring a vendor to assist

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You work for a mortgage company with a significant portfolio of low-land and coastal properties. You are tasked with hiring a vendor to assist with determining the flood risk to your portfolio. 1. One company tries to impress you with their model that uses the "very latest climate scenarios, called RCPS", to determine future flood risks. Why do quickly dismiss this company? 2. What are some assumptions used to develop future greenhouse gas emissions 3. A second company IS using the latest climate scenarios. What are the latest climate scenarios called and describe the 5 major narratives. 4. The second company uses the results from a suite of global climate models to provide you with property level flood maps. What is a major limitation of using global climate models to determine flood risk at the property level.

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