## Macroeconomics of Climate - Climate Risks for the Financial Sector

## Source details

**Canonical URL:** [Macroeconomics of Climate - Climate Risks for the Financial Sector](https://www.imf.org/en/capacity-development/training/icdtc/courses/mccx-crfs)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/courses/mccx-crfs/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/courses/mccx-crfs/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/courses/mccx-crfs/bundle-manifest.json)

## Bibliographic details
- Published: August 1, 2025

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### Overview
- 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 and qualifications
- 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.

### 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.

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## References

- [Executive Training 2 on Fiscal Policy Considerations (FPA)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fpcce26-16)
- [Institutional Sector Accounts-Advanced - Blended (ISA-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2027/isa-ahq27-02)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/courses/mccx-crfs_