Certificate of completion issued to
Lottie Aitken
For completing
Portfolio Climate Risk Management and Climate Stress Tests Pathway
Completion date
14 Jun 2023
Delivered by
Accredited for
Certificate ID
e1926649e35c14b1ff755e36ffb29e18
Join now to learn
Our pathways are only available to subscribers. Access this and 100s of other pathways by signing up.
About Portfolio Climate Risk Management and Climate Stress Tests Pathway
7 Video modules
2 hours of learning
4.4 rating
Proficient level
Banks are increasingly having to prepare for the risks that climate change will bring. For central banks in particular, stress tests have become integral to predicting what the future holds for their assets. Modelling climate risks allows banks to drive understanding of current and future risk from extreme events. In this pathway, Professor Robert Engle discusses how we can construct a climate hedge portfolio and use this portfolio to stress test banks. Misa Tanaka then discusses the application of GEOVOL and CRISK concepts in Climate Policy. Tony Hughes will then discuss the macroeconomic and microeconomic risk to bank safety from climate-related risk.
In this pathway
Understand portfolio climate risk management
Explore macroeconomic and microeconomic risks
Construct a climate hedge portfolio and use it to stress test banks
Pathway experts
Robert Engle
Nobel Prize winning economist
Robert Engle is a co-director of the Volatility and Risk Institute. He was awarded the 2003 Nobel Prize in Economic Sciences for his work on autoregressive conditional heteroskedasticity. He holds a Ph.D. in economics from Cornell University in New York, United States.