Macroeconomics of Climate - Climate Risks for the Financial Sector

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Online training program titled "Macroeconomics of Climate - Climate Risks for the Financial Sector (MCCx-CRFS)".
Serves as the fifth in a six-part Macroeconomics of Climate (MCx) series.
Focus: key components of financial and monetary policies to help manage physical and transition climate risks.
Topic: Structural Policies

Target Audience:
- Officials in finance, economy, and planning ministries who provide advice on macroeconomic policies or implement policy.
Qualifications:
- Some knowledge of economics is helpful.

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.