Macroeconomics of Climate Change - Climate Risks for the Financial Sector
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- Macroeconomics of Climate Change - Climate Risks for the Financial Sector
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Bibliographic details
- Session: OL 23.131
- Location: Course conducted online
- Dates: January 1, 2023 - April 15, 2023 (15 weeks)
- Delivery method: Online Training
- Primary language: English
- Status: Deadline passed
Target audience and qualifications
- Target Audience:
- All government officials are welcome to register.
- 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.
- Access to a computer with a reliable Internet connection and a Google Chrome web browser is essential.
Course description
- This online course serves as the fifth in a six-part "Macroeconomics of Climate Change (MCCx)" series.
- Focus: key components of financial and monetary policies that can help manage physical and transition climate risks.
Course objectives and learning outcomes
By the end of the course, you will 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.