It is a report written by climatologists, but in prior reports from the same body reasonable projections have been excluded from consideration for being too extreme, so it's also a political report. Which way they are bending the studies this time I don't know. I may find out, but probably not for a month or so.
N.B.: There are a LOT of studies. You can't include all of them, not even all the ones that don't have obvious errors, and deciding which to exclude is a political decision when done under governmental supervision. Last time they excluded the extreme reports in an attempt to not appear to be crepe-hangers, and get taken seriously. It didn't work. Perhaps this time they've decided to bend the other way...or perhaps not, because I've seen reports of studies that were a LOT worse. Some of them project >6 C before the end of the century. But they were making assumptions about particulate emmissions and CO2 emmissions that CANNOT be validated, because they depend on political choices that have not yet been made. OTOH, they are right in line with the choices that have been made in the past.
P.S.: I'm quite skeptical about sequestration of CO2. I don't think it will work, and if it does work, I think it will be too expensive to use. The BEST form of sequestration is to grow forests, turn them into paper, and print books on them, with chemically treated paper so it won't decay. This doesn't add in exogenous energy costs, and storage is not a major issue. If it is, just build more libraries...and fund them to retain books. Burying CO2 can expect to have undetected leakages over a period of time, and to add significantly to the cost of generating energy. To me it looks like a boondoggle created to justify continuing to burn coal.
P.P.S.: I am not a climatologist. There are likely several studies that I've never heard of, and there may well be flaws in some of the studies that I have heard of that I didn't hear about.