The Environmental & Social Risk Analysis (ESRA) Online Course
“Thanks for a well-organized and interesting course. I found the materials quite stimulating and the methodology provided in particular very useful and inspiring.”
Arne Taagholt, Senior Credit Risk Officer, Nordea Bank AB, Denmark
“I really enjoyed the course, especially the valuable feedback from the Tutor on the assignments and the participation on the Fora.”
William Nchembe, Country Head, Credit, Ecobank, Malawi
“This was an excellent course and an enriching experience. The course helped to shape my thinking processes about how E&S aspects should be an integral part of the FI’s credit process. We came to realize the extent of potential damage to which the FI exposed itself if the E&S risks remained unchecked.”
Gulshan Neerputh, Credit Analyst, The MCB, Mauritius
“Very revealing and insightful training programme. I shall ensure that my Bank fully adopts the Environmental and Social Risk Analysis standards.”
Joejo Wodow-Hammond, Head of Credit Department, Cal Bank Limited, Ghana
“The course was very well structured, the content was of high quality and the efforts of the Tutors were great. After the first week I already got a number of precious ideas which I could bring into our organization.”
Ruediger Senft, Senior Reputational Risk Manager, Commerzbank AG, Germany
“I really enjoyed the way the course was programmed and it has brought me great value.”
Esther Amez, Control Interno de Riesgos, BBVA, Spain
“Thank you for a very informative course. I now have the skills to look at credit from a sustainability perspective as opposed to profit only.”
Moses S.N. Mugo, Senior Credit Analyst, KCB, Kenya
“The format was quite useful in evaluating the project’s E&S risk. It was simple yet comprehensive and gave a clear cut and structured approach.”
Arunmina Agarwal, Associate, Responsible Banking, Yes Bank Limited, India
“It was a great opportunity to be tutored excellently on this ESRA Online Course. A lot learnt and so much to give back to our institutions or partners.”
Omezikam Eze Onuoha, Consultant, World Bank, Nigeria
“The course was both refreshing and rewarding. It was insightful, educative and gave me a broader perspective on environmental and social issues.”
David Wakama, Investment Banker, GroFin, Nigeria
Frequently Asked Questions
ESRA Survey results
The Environmental & Social Risk Analysis (ESRA) Online Course provides in-depth and personalised training. Tutors engage with participants online on a daily basis, providing guidance and facilitating debates. As a participant, you will be involved in a range of activities, from simulating implementation of environmental and social policies and guidelines and analysing case studies, to carrying out exercises based on your own clients’ environmental and social impacts.
Courses in 2020:
|24 February to 13 March||Spanish||Lawrence Pratt & Gustavo Portaluppi|
|2 to 20 March||English||Lawrence Pratt & Melissa Makwarimba|
|18 May to 5 June||Chinese||Jacylyn Shi & Peiyuan Guo|
|25 May to 12 June||English||Lawrence Pratt & Christina Wood|
|15 June to 3 July||Spanish||Lawrence Pratt & Leandro Labbé|
|3 to 21 August||Spanish||Lawrence Pratt & Gracia Barahona|
|7 to 25 September||English||Lawrence Pratt & Aneta Wisniewska|
|19 October to 6 November||Spanish||Lawrence Pratt & Gustavo Portaluppi|
|26 October to 13 November||French||Lawrence Pratt & Ilyès Abdeljaouad|
|2 to 20 November||English||Lawrence Pratt & Melissa Makwarimba|
Target audience: Risk managers and analysts in commercial, corporate, investment and retail banking in or dealing with developing countries and emerging markets.
A limited number of places are also available for representatives from relevant stakeholder audiences including: supervisory/regulatory bodies, banking associations, government agencies, academic institutions, NGOs and civil society organisations involved in finance and sustainability issues.
Number of participants per course: In order to keep the high quality of our personalized course, the maximum number of participants that we accept per course is 24.
Please note that places for non-financial institution representatives are limited. Courses will not address how to financially analyse or how to set up a business plan for an environmental/socially oriented project in search of funding. The courses teach participants how to include environmental and social variables in the traditional analysis made by financial analysts when making lending and/or investment decisions, whatever the nature of the project.
Objective: To educate employees of local, regional and international financial institutions with a focus on emerging markets in the identification, analysis and management of environmental and social risks generated through their lending and investment activities. Consideration of social and environmental risks in financial analysis is a growing trend, which offers a wide range of opportunities both for the financial sector and for the promotion of sustainable development.
Contents: Each course is made up of five consecutive modules:
- Introduction to Sustainable Finance
- Identification of Environmental and Social Risks
- Evaluation of Environmental and Social Risks
- Administration of Environmental and Social Risks
Course contents and materials can only be accessed by participants. The course modules cannot be disaggregated.
Course Programme (PDF: 34KB)
Duration: Three weeks.
Time commitment: Two hours/day on average, Monday to Friday.
Timetable: Flexible, participants to set their own study times.
Language: Participants need to have a very good command of the language of the course they will be taking.
|Representatives of medium-sized and large financial institutions (non-UNEPFI-members)*||1050 USD|
|Representatives of small financial institutions (non-UNEPFI-members)*||890 USD|
|Representatives of UNEP FI members (including from headquarters & from subsidiaries that pay the annual UNEP FI membership fee)||700 USD|
*5% group discounts (3 or more people from the same Financial Institution in the same course edition).
Please note that course fees serve exclusively to cover the costs of running the course.
At the beginning of 2015, a new Cancellation Policy has been introduced. 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.
Applications: All applications should be submitted via our online form at least one week prior to the course you wish to participate in. Please consult our FAQs concerning applications.
Overall, 112 ESRA Online Courses have taken place in English, French and Spanish with a total of 2,652 participants from 125 countries since 2006.
The ESRA Online Course is a product of the United Nations Environment Programme Finance Initiative (UNEP FI), the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, and the INCAE Business School, with the support of the Ecobanking Project. Initially developed in Spanish in 2006 by the UNEP FI Latin American Regional Task Force, with the support of Bank of America, the English-language edition of the course was produced in 2007 thanks to the support of FMO. The French edition of the Course was produced in 2010 thanks to the support of DEG – Deutsche Investitions-und Entwicklungsgesellschaft mbH (“DEG”), Promotion et Participation pour la Coopération économique (Proparco) and the Agence Française de Développement (AFD).
Developed with the kind support of:
For further information please contact:
Carolina Yazmín López