概要

This eCourse consists of two modules on climate risk measurement and management. Climate risk measurement is a vital process that enables stakeholders to assess and manage the diverse risks associated with climate change. While it is a relatively new discipline, numerous tools and techniques have emerged to support measurement of climate risk. Like any tools, there are pros and cons to their use, and it is essential that, to use them appropriately, banks and other stakeholders understand how they are constructed, as well as their limitations and drawbacks. Module 1 provides detailed insights into climate risk measurement and the main assessment tools and techniques used for that purpose.

Module 2 examines how banks are managing climate risk, including the tools and techniques they are using and the issues and challenges they are dealing with. The actual or potential impacts of climate change can affect the viability of individual banks as well as the banking system as a whole. In response, banks are investing time and resources to understand, measure, manage, monitor, and report both current and potential new risk exposures. But they face a number of challenges in this regard, as well as increasing levels of external scrutiny and challenge.

宗旨

On completion of this eCourse, you will be able to:
- Recognize the need to measure climate risk and the main considerations and challenges in that regard
- Identify the key data requirements, sources, and challenges in relation to climate risk measurement
- Define GHG accounting in the context of measuring and reporting climate risk and the main tools and techniques used for that purpose
- List some of the microprudential and macroprudential tools used for the purpose of measuring climate risk
- Identify the role of scenario analysis in terms of climate risk assessment
- List the key issues associated with managing climate risk exposures, including regulatory expectations, roles and responsibilities, risk types and drivers, and risk management frameworks challenges, approaches, tools, and techniques
- Recognize the main practical issues involved in climate risk management, including industry risk assessments, collateral management
- Identify the key disclosure and reporting challenges associated with climate risk management

內容

Module 1 Climate Risk Measurement
Topic 1: Overview of Climate Risk Measurement
Topic 2: Climate Data
Topic 3: GHG Accounting
Topic 4: Other Tools & Techniques
Topic 5: Scenario Analysis

Module 2 Climate Risk Measurement
Topic 1: Overview of Climate Risk Management
Topic 2: Climate Risk Management in Practice
Topic 3: Climate Risk Reporting & Disclosure