Climate and biodiversity loss risks present a significant threat to the stability, resilience, and inclusivity of the financial system. Climate risk is now recognized as a financial sector risk by all international standard-setters.
To address this challenge, Toronto Centre developed the Climate Risk Certification (CRC). This equips supervisors and regulators with the essential knowledge and tools to assess, manage, and mitigate climate and biodiversity loss risks to the financial system.
Candidates must complete the following three programs, which all include quizzes and exams. Programs may be completed in any order, but it is recommended to begin with the Climate and Biodiversity Loss Risk program, as it provides foundational knowledge.
Watch this video to learn more about Toronto Centre's climate changed-related efforts.
2025 Program Information:
To learn more about Toronto Centre's climate-change related efforts...
Read this Toolkit:
Climate and Biodiversity Risks Toolkit for Financial Supervisors - 2023 Update.
Read these TC Notes:
The Supervision of Financial Institutions' Climate-related Transition Planning.
The New ISSB Standards: Considerations for Financial Supervisors.
Introduction for Supervisors to Scenarios and Stress Tests of Climate Change Risks.
Watch these executive panel discussions:
Agricultural and Financial Systems’ Adaptation to Climate Change.
Supporting Net-Zero Transition Planning.
Nature-Related Risks, Macroeconomic Impacts, and Transition Planning.