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

## Source details

**Canonical URL:** [Macroeconomics of Climate Change - Climate Risks for the Financial Sector](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2023/mccx-crfsol23-187)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2023/mccx-crfsol23-187/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2023/mccx-crfsol23-187/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2023/mccx-crfsol23-187/bundle-manifest.json)

## Bibliographic details
- Session: OL 23.187
- Location: Course conducted online
- Dates: May 15, 2023 - August 31, 2023 (18 weeks)
- Delivery method: Online Training
- Primary language: English
- Status: Deadline passed

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### Overview
- Training Program: Macroeconomics of Climate Change - Climate Risks for the Financial Sector (MCCx-CRFS)
- Presented by the Institute for Capacity Development and Monetary and Capital Markets Department.
- This offering is the fifth in a six-part Macroeconomics of Climate Change (MCCx) series.
- Course Description: An online course focused on key components of financial and monetary policies to help manage physical and transition climate risks.

### 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 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)
- [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)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2023/mccx-crfsol23-187_