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Certificate in Climate Risk

Gaining the knowledge to lead positive change.

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Overview

In a rapidly evolving regulatory landscape, understanding climate risk is essential for every financial services professional. The Certificate in Climate Risk equips you with the knowledge and expertise needed to assist customers, colleagues, and communities in transitioning to a sustainable, low-carbon world. This certificate is validated on the NFQ at Level 7 (10 ECTS).

Who’s the Certificate in Climate Risk programme for?

  • Professionals eager to stay ahead in analysing climate risks, a critical goal for all financial services providers.
  • Those aligning with the Central Bank of Ireland’s expectations regarding climate and broader environmental, social, and governance (ESG) issues.
  • Individuals aiming to build technical capacity to accurately analyse sustainability risks and ensure the financial system is fit for purpose in an evolving landscape.
  • Professionals looking to enhance their career prospects with a qualification relevant to their industry.

Funding

The Insurance Institute has successfully secured grant funding through the Human Capital Initiative Pillar 3 for the next iteration of our Certificate in Climate Risk.  This welcome support means that for a limited period, we can deliver our sought-after Climate Risk programme with 50% funding. 

Key Details

Qualifications

  • Certificate in Climate Risk for Financial Services Professionals (Level 7 Award)
  • Awarded by: Atlantic Technological University, Sligo
  • European Credit Transfer System (ECTS): 10

Delivery

  • Online

Duration

  • 14 weeks with semesters starting in Spring and Autumn

Assessment

  • Mixed assessment with reflective assignment and MCQ exam
€745 
Climate Risk Programme Delivery

Programme Delivery

The Certificate in Climate Risk is self-directed, allowing you to progress through the material at your own pace. Industry experts contribute at key points in the curriculum to contextualise and localise the content. All live sessions are recorded and available for access 24/7.

Upon completion of this programme, you will understand:

  • The key factors underpinning the science of climate and global warming.
  • The current and future impacts of climate change on economies and the financial services sector.
  • How physical, transition, and liability risks affect financial institutions and their broader social impacts.
  • Current EU legislation regarding climate risk measurement and disclosure.
  • How to embed climate risk in organisational culture.

Key Semester Dates
The insurance industry will need to be ambitious in its consideration of climate change and those that have participated in the Insurance Institute’s Certificate in Climate Risk will be able to help their firms and the insurance industry achieve those ambitions. ‒ Domhnall Cullinan Director of Insurance Supervision
I feel that by participating in the Certificate in Climate Risk for Financial Services Professionals this has enhanced my knowledge of climate change and climate risk as well as the potential opportunities available to financial services as a result of climate change. ‒ Naomi T. Senior Risk Manager
I found the course content very relevant and practical - I've already implemented tips I picked up on the course in my role as a risk manager. All guest lecturers were very well versed in their area and I was engaged throughout their presentations. ‒ Roy S. Loss Adjusting Specialist

Key Semester Dates

  • Date Topic
    9 September Online Launch/Induction
    11 September Introduction to the Science of Climate Change
    16-20 September Impacts of Climate Change
    23-27 September Types of Climate Risk
    30 September - 4 October Introduction to the Task Force on Climate-Related Financial Disclosures (TCFD) and the EU Taxonomy for Sustainable Activities
    7-11 October Measuring, Monitoring, and Reporting Climate Risks
    14-18 October Measuring Climate Risks and the Data Challenge
    21-25 October Scenario Analysis and Climate Risk Modelling
    23 October Assessment Clinic
    28 October - 1 November Reading Week
    4-8 November Regulatory Approaches to Climate Change
    6-10 November Embedding Climate Risk Within Governance and Culture
    11-15 November Green, Sustainable and Transition Finance
    20 November Assessment Clinic
    4 December Final Submission of Reflective Statement
    7 December Open Book MCQ Exam
  •   Date Topic
      7 February Induction
    Week 1 12 February Introduction to the Science of Climate Change
    Week 2 19 February Impacts of Climate Change
    Week 3 26 February Types of Climate Risk
    Week 4 5 March Introduction to the Task Force on Climate-Related Financial Disclosures (TCFD) and the EU Taxonomy for Sustainable Activities
    End of Week 4 Assessment
    Week 5 12 March Measuring, Monitoring, and Reporting Climate Risks
    Week 6 19 March Measuring Climate Risks and the Data Challenge
    Week 7 26 March Scenario Analysis and Climate Risk Modelling
    End of Week 7 Assessment
    Week 8 2 April Regulatory Approaches and Responses to Climate Risk
    Week 9 9 April Embedding Climate Risk Within Governance and Culture
    Week 10 Easter Break Reading Week
    Week 11 23 April Green, Sustainable and Transition Finance
    Week 12 2 May Final Submission of Reflective Statement
    Week 13 10 May Open Book MCQ Exam

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