Course overview
Assessment of financial risk associated with climate change increasingly informs decision-making in global capital markets. The Financial Stability Board's Taskforce on Climate-Related Financial Disclosures (TCFD) has set out a high-level framework for disclosing both climate risks and opportunities in financial reports. Financial regulatory authorities are also beginning to move towards the mandatory disclosure of these risks.
In parallel, central banks are increasingly integrating climate risks into their activities and supervisory authorities are calling for the integration of climate risk information into financial stability monitoring (stress testing) and micro-supervision (scenario analysis).
The desire of business, governments and regulators to understand climate change risk in finance means we need to find ways to translate insights from climate science and climate modelling into micro and macroeconomic impacts, and eventually into financial risks.
In this 12 week course, you will explore:
- Climate change fundamentals and terminology.
- How to translate complex climate information so it can be used in financial decision-making.
- How to assess and quantify the direct risks arising from climate change on physical assets, businesses, and portfolios, as well as the near-term disruptive impacts associated with mitigation policies, changing preferences and ongoing technological change.
- The impact of climate change on different financial asset classes, including equity markets and fixed-income markets.
- The legal frameworks which govern climate change and climate risk litigation.
- The emerging theories of sustainable finance and how to apply these learnings in practice.
The course content is delivered by climate finance experts, while live sessions provide an opportunity to share, reflect, and engage with other practitioners. You don’t need any prior knowledge or training to join this course.
Climate change at the University of Edinburgh
The University of Edinburgh has a number of world-leading climate research centres focused on understanding how our climate is changing, the impact on the environment, society and economies, and how practices and mitigation strategies are evolving.
The Edinburgh Futures Institute, the Centre for Business, Climate Change and Sustainability, Business School, the Edinburgh Climate Change Institute, School of Geosciences, and others are at the forefront of this research and conversation. This course provides an important and unique opportunity for experts in academia and practice to come together to create powerful solutions to the challenges we face.
Course dates
TBC
Programme format
- Delivered online
- Taught over 12 weeks
- Learn via online self-study and live Zoom sessions
Fees
£2,000
A 20% discount is available for University of Edinburgh alumni. Please get in touch with the Executive Education team to receive the Eventbrite discount code.
Certification
You will receive a digital badge and a certificate of completion from the University of Edinburgh.
Who will benefit from this programme?
This course will suit those who are growing their experience in sustainable finance or anticipating a move into this field.
Is this course for you?Programme structure
Led by experts in their field, this 12-week programme takes learners through the basics of climate change, data, risk and business transformation.
Programme structure