Climate risk management, scenario analysis, data and systems
Physical and transition risk channels, integrating climate risk into risk frameworks, scenarios, analytics, climate AI
Ratings 4.33 / 5.00
What You Will Learn!
- Define risk management and climate risk management
- Understand the key physical risks from climate change
- Understand the important transition risks from climate actions and mitigation plans
- Define how climate risk can feature in risk management frameworks
- Understand how banks are measuring and managing climate risk
- Understand how energy companies are measuring and managing climate risk
- Understands the key regulatory approaches to climate risk management
- Define Climate Scenario Analysis
- Understand the different approaches to climate scenario analysis
- Define scenarios to be used in your own scenario analysis
- Implement climate scenario analysis
Description
This course is both for risk professionals as well as people who are studying climate risk management for the first time. You will be taken on a journey, starting with the normal risk management frameworks already in place in your enterprise then you will be guided through the way to implement climate risk as a cross cutting risk across the existing risk types. There has been a lot of development on climate risk management in banks so we will take a look at the latest international developments from the Bank for International Settlements and review how they see things. We will also review the work by the Network for Greening the Financial System which is a network of central banks and supervisors who have invested a lot of time and effort in reviewing how climate risks will impact the financial system as a whole and what it means for them as supervisors. People often ask for examples of risk management and scenarios so we also include a few examples to illustrate the concepts we are presenting. The final section of this training course reviews the data and systems requirements and some of the potential solutions for reporting and analysis. These data and systems can be used for opportunities as well as risk analysis and I hope that you will get some valuable insights into some practical steps you might be able to take after completing this training course to realise these opportunities as well as improve you management of climate related risks.
I hope you enjoy this training course and please feel free to send me any feedback for future iterations of this course.
Kind Regards
Duncan Wilson
NB This training course is an extract from the longer course "Climate Change for Professionals" which is also available for purchase on Udemy.
After we received feedback from the students asking to split that course into shorter and more manageable courses, we are happy to offer you a choice: you can either get the full course, or pick a shorter course with the topic that is more relevant to your learning objectives.
Who Should Attend!
- Everyone who participates in the risk management and scenario analysis process across the enterprise. And anyone who wants to improve their knowledge of climate risk management and climate risk scenarios.
