## 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/schedule/ol/2026/mccx-crfsol26-168)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2026/mccx-crfsol26-168/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2026/mccx-crfsol26-168/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2026/mccx-crfsol26-168/bundle-manifest.json)

## Bibliographic details
- Session: OL 26.168
- Location: Course conducted online
- Dates: May 1, 2026 - April 15, 2027 (50 weeks)
- Delivery method: Online Training
- Primary language: English
- Status: Apply online by April 1, 2027 Deadline extended

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### Training program overview
- Session No.: OL 26.168
- Location: Course conducted online
- Date: May 1, 2026 - April 15, 2027 (50 weeks)
- Delivery Method: Online Training
- Primary Language: English
- Presented by: Institute for Capacity Development and Monetary and Capital Markets Department
- Placement in series: Fifth in a six-part Macroeconomics of Climate Change (MCCx) series
- Course focus: Key components of financial and monetary policies to 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 description and scope
- Updated and expanded online course offering practical and policy-oriented content on climate-related financial and monetary policy.
- Emphasizes management of physical and transition climate risks through regulatory, supervisory, and central bank operational responses.
- Integrates climate information architecture, regulation and supervision developments, stress testing and scenario analysis, and central bank operational adjustments.

### Course objectives (upon completion, 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.

### Related IMF training offerings (high-level)
- Climate in Macroeconomic Framework (CMF): English (French, Portuguese) | November 16-20, 2026 | Blended Training | Ebene, Mauritius
- Big Data for Macroeconomic Statistics (BDMS): English (French, Portuguese) | October 26-30, 2026 | In-person Training | Ebene, Mauritius
- Financial Development and Financial Inclusion (FDFI): English (French, Portuguese) | November 16, 2026 - December 11, 2026 | Blended Training | Ebene, Mauritius

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## References

- [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Apply Now](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.168E)
- [Climate in Macroeconomic Framework (CMF)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/cmfat26-22)
- [Big Data for Macroeconomic Statistics (BDMS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/bdmsat26-27)
- [Financial Development and Financial Inclusion (FDFI)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/fdfiat26-24)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/mccx-crfsol26-168_