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  "documentTitle": "Sustainability Risk Under Solvency II",
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      "text": "In this context, GCAM is a „Middle-of-the-road“-selection: Recursive dynamics leads to higher short-term prices, while high reactivity leads to lower CO2-prices.",
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      "text": "1: Global Change Analysis Model: http://www.globalchange.umd.edu/gcam/",
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      "text": "LIMITS Working Package: Working Package 1 – Global mitigation pathways for limiting global temperature increase below 2°C. Functional Model properties: GCAM is a partial equilibrium model, Recursive dynamics, High reactivity. Socio-political Assumptions: RefPol (Reference Policy), StrPol (Strong Policy). Long-term scenario target: 500 ppm, 450 ppm.",
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