31 August 2012. Climate change is associated with risks and opportunities that require careful consideration by investors, lenders and insurers. To respond to a strong demand amongst financial institutions to learn about climate change and how it affects their industry, the United Nations Environment Programme Finance Initiative (UNEP FI) runs a new session of its online course Climate Change: Risks and Opportunities for the Finance Sector, from 15 October to 5 November 2012.
The course provides knowledge on climate change and carbon finance, focusing in particular on the following key areas:
- 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 e-course targets executives and middle management from financial institutions such as banks, insurers, reinsurers, and fund managers, from both developed and developing regions. Governments and civil society who want to learn the climate change issue from the perspective of the financial industry also welcomed. At the end of the course participants should be able to: integrate climate change 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.
This self-paced training is taught in English. Time commitment is estimated at about two hours/day on average, five days per week. The course fee amounts to USD 700/person for UNEP FI members, NGOs, academics and Government representatives, and to USD 900/person for financial institutions that are not members of UNEP FI and consultancies. Applications should be submitted via an online form at least one week prior to the course. Successful e-course participants receive a certificate from UNEP FI after successful completion of the course.
UNEP FI is a global partnership between UNEP and the financial sector. Over 200 institutions, including banks, insurers and fund managers, work with UNEP to understand the impacts of environmental and social considerations on financial performance.
For further information please contact the UNEP FI Training Team (firstname.lastname@example.org) or visit: http://www.unepfi.org/training/climate_change/index.html.