This 4-hour course aims to equip private bankers to get a good understanding of compliance and voluntary carbon markets, and mitigation hierarchies. Participants will be equipped with a greenhouse gas accounting overview to assist with decarbonization strategies for their organization and clients toward net zero.

• Assistant Relationship Manager, Relationship Manager, Relationship Management Director, Team Leader.
• Recommended for Private Banking & Wealth Management.

• Understand government and corporate commitments driving carbon markets in the context of global climate agreements.
• Define carbon credits and clearly differentiate their attributes, qualities, and applicability.
• Distinguish between compliance and voluntary carbon markets, appreciate carbon pricing mechanisms and policy considerations.
• Understand the carbon mitigation hierarchy approaches to decarbonisation, and the importance and benefits of global carbon markets in allowing for the efficient allocation of capital.
• Apply greenhouse gas accounting approaches and principles geared towards the financial industry.

Part 1: Policy concepts and corporate commitments to net zero

• Nationally Determined Contributions (NDCs)
• Net Zero target framework like SBTi
• Distinguishing net zero, carbon neutral, climate neutral, climate positive

Part 2: Understanding Carbon Credits

• Carbon credits vs carbon offsets
• Attributes of high quality carbon credits
• Carbon offsets: removal vs avoidance, nature vs tech based
• Co- benefits of carbon offset projects
• Mitigation hierarchy approaches

Part 3: Carbon Markets

• Compliance and Voluntary Markets
• Carbon pricing mechanisms: Carbon Tax vs Cap-and-Trade
• Global carbon markets and how carbon trading enables efficient allocation of capital

Part 4: GHG Accounting for Financial Sector

• Global GHG Accounting and Reporting Standard for the Financial Industry by PCAF
  • Financed Emissions - Overview
  • Facilitated Emissions - Overview
  • Insurance-Associated Emissions - Overview
• GHG Protocol for corporates : Scope 1, Scope 2 and Scope 3 overview
• Setting organizational boundaries
• GHG accounting principles

Assessment - MCQ