Climate Finance and Risk Management Course

Course Description

Climate change has had increasing effects on almost every aspect of society and the economy. While this trend poses systemic risks, it also creates opportunities for companies to gain an advantage through effective risk management and investment opportunities. As climate change has no precedent, significant challenges will emerge in crafting business strategies. This is perhaps most true for the finance and risk areas of companies, which must incorporate climate risk information across diverse economic sectors to understand climate change’s effect on financial disclosures, its customers, portfolio valuation, guarantee fee pricing, and risk transfer strategies, among other topics.

UMD’s Executive Education training course in Climate Finance and Risk Management is designed to provide finance and risk professionals with the background they need to: understand the latest scientific thinking and models related to climate change, assess the strengths and weaknesses of climate models, review the challenges of translating climate model outputs into meaningful economic scenarios for financial and risk analysis, and review potential industry and regulatory developments on climate change.  

Bringing together the expertise of two of UMD’s leading schools, the College of Computer, Mathematical, and Natural Sciences and the Robert H. Smith School of Business, the course delivers climate change and risk expertise to business leaders.

Audience:

  • Managers, leaders, and executives from: financial and non-financial companies, federal, state and local governments, and non-profit organizations

  • Professionals facing the challenge of incorporating climate risks into their business models and those seeking an understanding of climate models and how to evaluate the models for their organization’s objectives

There are no prerequisites for the course.

Structure:

The course is online and completely self paced. It will take approximately 20-30 hours to complete all four modules. Activities include video lessons, readings, knowledge checks, and interactive discussion boards. Upon successful completion of this course, participants will receive a certificate of completion and are eligible for 2.2 Continuing Education Units (CEUs).


Topics

  1. Climate Change and the Financial System

  2. Climate-Related Financial Disclosures

  3. A Detailed Look at Climate Models

  4. Climate Scenario in Portfolio Analysis and Risk Management