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

## Source details

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

## Other formats

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

## Bibliographic details
- Published: March 11, 2026

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## Upcoming offerings

| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
| --- | --- | --- | --- | --- | --- | --- |
| May 1, 2026 | April 15, 2027 | Course conducted online | [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | [OL 26.168](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/mccx-crfsol26-168) | English | [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.168E) by April 1, 2027 |

### Course overview
- This online course serves as the fifth in a six-part Macroeconomics of Climate (MCx) series.
- The offering covers key components of financial and monetary policies that can 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.

### 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

- [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [OL 26.168](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/mccx-crfsol26-168)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)
- [Macroeconomic Management in Resource Rich Countries (MRC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mrcce26-44)
- [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.168E)

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