Program Description
This virtual, five-half day, cross-sectoral program deepens participants’ understanding of climate risks and biodiversity loss through advanced analytical techniques. The course will recap on the major risks posed to financial institutions from climate change and biodiversity loss and the role of scenarios and stress tests in assessing those risks. It will explain the key objectives, issues and challenges in developing supervisory stress tests and how they are applied to assess climate and biodiversity loss risks.
The expected outcome is a deep knowledge of the role of climate scenarios and stress tests in the supervisory process and a capacity to implement climate stress tests in national contexts.
For further information, please email Meghna Palit, Program Coordinator: [email protected]
This course will be taught by Toronto Centre program leaders who have a wealth of highly relevant experience to share with participants in order to help them carry out their work in line with international best practices and to address challenges that they may encounter in their supervisory and regulatory work.
PROGRAM FEE
Participants from ODA* Countries
Regular fee: US$1,300
Early bird fee: Early bird fee: US$925 (available until April 18, 2025)
Participants from Non-ODA Countries
Program fee: US$1,600
No early bird discount is available
*Please refer to the Official Development Assistance (ODA) recipients list here.
REQUIRED PRE-READING
Pre-reading will be required. Materials will be sent out to registered participants at least two weeks before the program starts.
REGISTRATION
Registration for this program is now open.
Who Should Attend
- Middle/senior-level supervisors and regulators with responsibilities in supervision of the banking, securities, insurance, or pensions sectors or managing financial stability and financial surveillance
- Central bankers involved in monetary policy and operations
- Staff of deposit insurance corporations and Ministry officials responsible for financial stability
This is a mandatory program for the new Climate Risk Certification (CRC), but is open to others.
- The financial impacts of climate change and biodiversity loss
- Assessment and mitigation techniques
- The role of scenario analysis and stress testing
- How to design effective stress tests
- Insights into global practices
