Climate in Macroeconomic Framework (CMF)

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Government officials from ministries of finance, central banks, and other government agencies involved in monitoring and assessing the macroeconomic implications of climate change and related policies.

Participants are expected to have an advanced degree in economics or equivalent experience.
Proficiency in the use of Microsoft Excel is required.
Participants are expected to be comfortable using quantitative software such as EViews or Matlab, although specific knowledge of these are not required.
It is strongly recommended that applicants first complete the online Macroeconomics of Climate Change: Science, Economics, and Policies, along with the online Financial Programming and Policies, Part 1 courses.

With the impact of climate change on the economic activity becoming ever more pronounced and with climate policies expected to reshape many economies, government officials are facing the challenge of incorporating these effects into their macroeconomic frameworks.
This course, presented by the Institute for Capacity Development, provides participants with macroeconomic Excel-based frameworks, tools, and models for integrating climate considerations in policy formulation.
It also prepares them to consider climate-related economic risks and vulnerabilities.

Work with climate data to help analyze the macroeconomic impact of climate change issues.
Account for climate shocks in macroeconomic frameworks.
Evaluate public debt dynamics following natural disasters and the benefits of investing in resilient infrastructure.