The attention to climate change and ESG risks has gained significant momentum and managed to climb up the agendas of leading global policymakers, regulators, corporates, and financial institutions. The course starts with an introduction into climate change and ESG covering the key facts, expected future developments and impacts, and then explores the main relevant global initiatives. The course further covers the specifics of climate and ESG risk management compared to business as usual (BAU) risk management and reviews the key elements of the applicable regulatory and disclosure developments. Participants will take a deep dive into climate physical risk and climate transition risk measurement with concrete data, methodology, and quantitative climate risk metrics examples. This is then extended to evaluation of the differences between business as usual and climate-specific, forward-looking processes such as "vanilla" stress testing vs, climate stress testing or portfolio decarbonisation scenario analysis. The course concludes with exploration of alternative approaches to climate and ESG risk management, setting of strategy, portfolio steering, and their connection to decarbonisation and green finance opportunities.

Perform a climate risk assessment leveraging the publicly available climate and ESG data sources...