概要

This eCourse consists of two modules on climate risk. It is generally accepted that climate change is one of the biggest challenges the world faces this century. It is not surprising, therefore, that financial regulators have concluded that climate change poses significant risks to the stability of the banking and financial system. To manage these risks, banks (and therefore their clients) need trackable carbon transition plans. Module 1 looks in detail at the issue of decarbonization from the banking industry’s perspective.

Module 2 describes the concept of climate stress testing in detail. Climate risks are particularly difficult to assess because of their unpredictability and interconnectedness with other systems. It is unclear how, and to what degree, climate-related changes impact other socioeconomic systems and financial markets. Stress tests are a tool used to help understand and quantify the financial impact of climate risk under various scenarios.

宗旨

On completion of this eCourse, you will be able to:
- Recognise the impact of carbon on climate change and climate-related risks, with particular emphasis on the banking sector
- List the key drivers of the decarbonization of banks
- Identify the main challenges that banks face on their decarbonization journey
- Recognise some of the key strategies that banks are implementing in their attempts to decarbonize

內容

Module 1 Climate Risk – Banking & Decarbonization
Topic 1: Overview of Decarbonization
Topic 2: Bank Decarbonization Drivers
Topic 3: Bank Decarbonization Challenges
Topic 4: Bank Decarbonization Strategies

Module 2 Climate Risk – Stress Testing
Topic 1: Overview of Climate Stress Testing
Topic 2: Components of Climate Stress Tests
Topic 3: Stress Testing Challenges
Topic 4: Case Studies