Training Program
Macroeconomics of Climate - Climate Risks for the Financial Sector (MCCx-CRFS)

This online course serves as the fifth in a six-part Macroeconomics of Climate (MCx) series. In this offering, you will learn the key components of financial and monetary policies that can help manage physical and transition climate risks.
Target Audience
Officials in finance, economy, and planning ministries who provide advice on macroeconomic policies or implement policy will find the course particularly beneficial.
Qualifications
Some knowledge of economics is helpful.
Course Objectives
Upon completion of this course, participants should be able to:
- Identify the need for improving the availability of climate-change-related financial information and the three building blocks underpinning climate information architecture.
- Explain latest developments in regulation and supervision of climate related financial risks and the theoretical basis for climate risk regulation shaping designs of regulatory and supervisory frameworks.
- Describe the importance of assessing climate risks using stress testing frameworks and provide an overview of climate scenarios as well as climate risk analysis frameworks.
- Describe the implications of climate change risks on central bank operations and how central banks can adjust their operations to mitigate financial sector risks stemming from climate change.
Upcoming Offering
| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
|---|---|---|---|---|---|---|
| May 1, 2025 | April 15, 2026 | Course conducted online | Online Training | OL 25.175 | English | Apply online by April 1, 2026 |
Financial Sector Surveillance (FSS)
English | March 16-27, 2026 | In-person Training | Vienna, Austria
Apply online by December 14, 2025
Macroeconometric Forecasting and Analysis (MFA)
English | March 23, 2026 - April 3, 2026 | In-person Training | Vienna, Austria
Apply online by December 15, 2025
Medium-Term Debt Management Strategy (MTDSx)
Russian | September 1, 2025 - December 31, 2025 | Online Training | Course conducted online
Apply online by December 15, 2025
Model-Based Monetary Policy Analysis and Forecasting (MPAFx)
English | September 1, 2025 - December 31, 2025 | Online Training | Course conducted online
Apply online by December 15, 2025
Introduction to Financial Programming and Policies
English | September 1, 2025 - December 31, 2025 | Online Training | Course conducted online
Apply online by December 15, 2025


