This 4-hour course aims to equip private bankers with a thorough understanding of key climate change concepts, global climate change agreements and frameworks, the types of climate risks and transmission channels and climate reporting frameworks. Participants will build proficiency to integrate climate risks and opportunities into financial strategies, in order to better advise and manage clients’ investment portfolio which may be impacted by these.

• Private Banking - Assistant Relationship Manager / Relationship Manager / Relationship Management Director
• Corporate Banking - Assistant Relationship Managers

• Grasp key concepts in climate science to understand the evidence, drivers and effects of climate change.
• Understand global climate agreements and frameworks that set the context for national and international climate action.
• Learn about types of climate risk such as physical and transition risks, along with the potential transmission channels and assess their financial impact.
• Apply climate reporting frameworks for identifying and disclosing climate risks and opportunities
• Build a strong understanding of climate-related risks and opportunities to be able to advise clients

Part 1: Key Concepts of Climate Change

• Evidence of Climate Change in the context of Earth’s climate history
• Drivers of Climate Change
  • Greenhouse effect and Earth’s energy imbalance
  • Carbon cycle altered by human activity
• Effects of Climate Change
  • Human impact
  • Climate tipping point

Part 2 : Global Climate Agreements

• Overview of UNFCCC and COPs
• Kyoto Protocol – mechanisms and limitations
• Paris Agreement and Global Stocktake

Part 3: Climate Reporting Frameworks

• Evolution of climate-related disclosures
• Categories of climate risks – physical and transition risks
• Financial impact of climate risks and transmission channels
• Climate-related opportunities for financial sector to support climate change adaptation and mitigation

Part 4: Disclosure Recommendations of TCFD

• Key recommendations of TCFD
• Supplemental guidance for financial sector
• Climate-related disclosures towards increasing maturity

Assessment - MCQ