31 July 2013. Climate change is a complex issue that engenders multiple risks and opportunities to be taken into account by the financial sector. In order to support executives and middle management in financial institutions to integrate climate change considerations into financial decision-making, the United Nations Environment Programme Finance Initiative (UNEP FI) is offering an online course on Climate Change: Risks and Opportunities for the Finance Sector from 14 October to 3 November 2013. Registration is now open.
The key areas to be addressed by this course are:
- A general introduction to climate change, the science and impacts, and key international and regional policies in place to tackle it i.e. the Kyoto Protocol and the post-Kyoto discussions.
- Climate Risk: What are the key risks and what does it mean for the banking, insurance and fund management sectors?
- Climate change and the energy economy: What does it mean for energy financing and what are the opportunities in alternative energy technologies?
- Carbon finance and the Kyoto Mechanisms: Emissions trading i.e. the European Union Emission Trading Scheme (EU ETS), the Clean Development Mechanism (CDM) and the Joint Implementation (JI).
The course targets professionals from financial institutions such as banks, insurers, reinsurers, and fund managers, from both developed and developing regions. Representatives of governments and civil society who want to learn the climate change issue from the perspective of the financial industry are also welcome. The course goal is to educate and enable participants to further understand the business complexities presented by climate change so that they can:
- Integrate it into corporate action plans and strategies
- Identify risks, opportunities and markets for new plans and strategies
- Adapt the material for internal use, and use course material as a stand-alone reference guide.
The course is taught in English and is entirely online, allowing every participant to follow it at his/her own pace. It requires an average commitment of two hours a day, five days a week, over 3 weeks. The course fee amounts to USD 700 per person for UNEP Finance Initiative members, as well as for NGOs, Academics and Government representatives, and to USD 900 per person for Financial Institutions that are not Members of UNEP FI and consultancies. Participants will receive a certificate from UNEP FI after successful completion of the course.
UNEP FI is a global partnership between UNEP and the financial sector. Nearly 200 institutions including banks, insurers and fund managers work with UNEP to understand the impacts of environmental and social considerations on financial performance. UNEP FI launched the online course on climate change in June 2007.
For further information, please consult the course brochure, the FAQs, or write to the UNEP FI Training Team at firstname.lastname@example.org. All applications should be submitted via an online form at least one week prior to the course.