Climate Change & the TCFD: Risks & Opportunities for the Banking Industry

Course Programme

Frequently Asked Questions

Tutor’s bio

Since 2007, UNEP FI has offered an Online Course on “Climate Change: Risks and Opportunities for the Finance Sector”.

As the understanding among financial institutions of the risks and opportunities imposed by climate change becomes more nuanced and sophisticated, and given the recent emergence of corresponding assessment & disclosure logics – first and foremost those underpinned by the 2017 recommendations of the FSB Task Force on Climate-Related Financial Disclosures (TCFD), there was a need for new climate change training tailored to the financial services industry.

In response, UNEP FI – with the support of CAF, the Latin American Development Bank – and Fund developed a second generation training platform. It aims at supporting financial institutions carry out TCFD-responsive assessments & disclosures, and is based on the groundbreaking work of the UNEP FI pilot groups on TCFD adoption.

The course has recently been updated thanks to the support of CAF & Fund. The following topics, among others, have been included:

  • New section on UNEP FI’s TCFD Phase 2 Pilot
  • New section on transition risk mapping
  • New regulation on evolving climate
  • Mapping of best practices in physical risk assessment
  • New section on land use with reference to IPCC 2019
  • New relevant material on pandemic and the physical environment, pandemic impacts on markets and energy policy.

Courses in 2022:

Date Language Tutor
28 March to 15 April English David Carlin
16 May to 3 June Spanish Frederico Seifert & Gustavo Portaluppi
10 to 28 October French Ilyès Abdeljaouad
10 to 28 October English Paul Smith
7 to 25 November Spanish Frederico Seifert & Gustavo Portaluppi

Target Audience: Executives and middle management staff of banks and financial regulators (Central Banks, Superintendences of banks, etc.), from both developed and developing regions. Government and civil society representatives wishing to learn more about the financial risks and opportunities from climate change, and about the required forward-looking assessment methods, are also welcome.

Contents: The key areas addressed in this course are:

  1. Climate change as a physical, meteorological phenomenon and the impacts of climate change, covering the basic science of climate change, including the latest scientific insights as compiled by the Intergovernmental Panel on Climate Change (IPCC)
  2. The societal response to climate change as a policy-related, economic and technological matter, covering the international climate change regime, its history, and current discussions and challenges; as well as the main policy-related and technological responses to climate change at the national level
  3. Assessing the credit risks and opportunities from physical climate change
  4. Assessing the credit risks and opportunities from the transition to the low-carbon economy

Language: English, Spanish and French

Duration: Three weeks.

Time commitment: Two hours/day on average, five days per week.

Timetable: Flexible, participants to set their own study times.

Course Fee:

Participant Profile Fee
Representatives of medium-sized and large financial institutions* (non-UNEPFI-members) 1330 USD
Representatives of small financial institutions* (non-UNEPFI-members)

Representatives of non-Governmental Organisations, academics and Government representatives*

1140 USD
Signatories to UNEP FI (Headquarter & Subsidiaries that pay the annual UNEP FI membership fee) 860 USD

*5% group discounts (3 or more people from the same Financial Institution in the same course edition) for Non Signatories.

Please note that course fees serve exclusively to cover the costs of running the course.

Cancellation Policy: Participants who cancel their participation in a course once it has started and wish to be placed in a future edition will receive as a courtesy a 10% discount on the tuition for that future course. The course is highly customized, and these late cancellations create costs for the organizers and deny the position in the course to others who were turned away.

Certificates: Successful Course participants receive a certificate from UNEP FI and CAF after successful completion of the course.

Applications: All applications should be submitted via our online form at least one week prior to the course you wish to participate in.

On-line registration


Overall, 19 CC&TCFD Online Courses have taken place in English and Spanish with a total of 1,057 participants since 2007.


The course material has been updated in 2020 with the support of the Sustainability Academy, an initiative of the Fund Development Facility and CAF – Latin American Development Bank.

Training product of:

In collaboration with:


For further information please contact:
UNEP FI Training Team