Brief Course Description
1. Course Title:
Climate-related Financial Risk Management
2. Language of Instruction:
English
3. Course Code:
SFI517035
4. Credits:
3
5. Course Objectives:
This course aims to equip students with the knowledge and analytical skills necessary to understand, assess, and manage the financial risks associated with climate change. Through an interdisciplinary approach that integrates climate science, financial risk management, and regulatory frameworks, students will learn how climate-related risks impact economic organizations and financial institutions, and how these risks can be identified, measured, disclosed, and mitigated within financial decision-making.
6. Brief Description of Course Content:
Climate change and its negative impacts on economic activity and social life have become increasingly present and intensifying on a global scale in the last decade of 2010s. Science generally recognizes climate change as the cause of extreme weather events such as droughts, floods, tropical hurricanes, etc., incorporating the latent risks of business operations disruption and property damage. Therefore, accelerating the transition to a low-carbon or carbon-neutral economy is an ambitious goal of many countries.
In the financial sector, it is becoming growingly important to identify, measure and manage the financial risks associated with climate change. This module supports individuals working in many fields, including: risk managers in financial institutions; analyst and portfolio manager; corporate risk managers; specialists in financial supervisory organisations, government agencies and NGOs working on policies that are directly or indirectly related to financial risks posed by climate change.
The course content is organized into open topics, encouraging students to actively participate in discussions, analysis and assessment of financial risks of economic organizations / financial institutions due to the impacts of the climate change. Students will also learn methods for measuring and disclosing the information of climate-related financial risk.