Jun 12 – 14 2023
(Lagos/Abuja Time Zones)

Experience the highly-interactive expert-led social learning through Virtual Classroom via Risktech & Advisory Limited.

All our 2023 Live, Virtual and Face-to-Face Classroom events feature shared (or discrete) live chat between delegates and the expert, participate in topical surveys, polling questions, group exercises and case studies for a tried -and- true engaging and gratifying learning experience.

Need to bring this course in-house and/or at your location anywhere worldwide for any sized group or 1:1 tutorial? Simply contact us for a prompt and courteous reply offering significant cost savings and dates to meet your specific requirements.

Session 1: Introduction to Climate Risk

Session 2: The BIS Existing and New Guidance

Session 3: The Developing Regulatory Frameworks

Session 4: Corporate Governance and Climate Risk

Session 5: Climate Risk Management

Session 6: Management Monitoring and Reporting of Climate Risk

Session 7: Climate Risk and Credit Risk

Session 8: Capital and Liquidity Adequacy and Climate Risk

Session 9: The Climate Risk Management Project

Session 10: The Future – Discussion, Q&A , Summary

Climate risk has clearly moved into the mainsteam of concerns and needs to be addressed by all organisations.  Banks are no different in this respect and the consequences of climate risk could have a profound impact on the future success of an organisation.  The Bank for International Settlements (BIS) has issued draft standards for Banks to consider.

Other bodies have also issued guidance including the OCC and SEC in the USA.  Nearer to home, the BOE, PRA, EBA and ECB have all produced guidance.

Banks need to respond to these challenges or are likely to face significant impacts not only from regulators but from competitors, customers and counterparties.  This timely course takes delegates through these new requirements and considers their impacts on an organisation.

Designed primarily for those involved with risk management but will also be of interest to senior management and risk management whether involved in the industry or within the financial services or advisory sectors.

Introduction to Climate Risk

• What is climate risk
• What really matters to a bank?
• The key elements of climate risk
• The approach to managing climate risk
• How to build climate risk into a risk management framework
• Relationship to ESG
• The importance of reporting
• Building climate risk into product pricing

The BIS Existing and New Guidance

• Climate related risk drivers
• Transmission channels
• Climate related financial risks
• Measurement and management
• BIS paper – climate related financial risks measurement methodologies (2021)
• The high level principles
• Key messages

The Developing Regulatory Frameworks 

• OCC principles for climate risk (2022)
• SEC guidance on reporting climate risk (2022)
• PRA guidance on the role of capital in climate risk (2021)
• BOE climate stress tests (2022)
• EBA climate stress tests (2022)
• Which stress tests do you need to conduct as an organisation?
• How much will you do in addition to the specific requirements? 

Corporate Governance and Climate Risk

• What does your governance grouping really think about climate risk?
• Building climate risk into decision making
• Strategy and climate risk
• Impact of climate risk on:
  • The economy
  • The business environment
  • Competition
• Identifying physical risk drivers
• Identifying transition risk drivers
• Building this into decision making

Climate Risk Management

• Identifying all climate related risks
• Recognising climate related risks are not all local
• Managing and measuring climate related risks
• Risk appetite modelling integrating climate risk
• Developing climate risk indicators
• Climate risk threat scanning
• Understanding the consequences of climate risk
• Climate risk and third party risk management
• Climate risk and customers
• The ECB guide on climate related and environmental risks (2020)

Management Monitoring and Reporting of Climate Risk

• The new EBA climate risk disclosures (2022)
• The new templates
• The guidance on completion
• What is currently being disclosed?
• Climate and assumption concentrations
• Where is the data?
• Integrating climate risk into risk reporting

Climate Risk and Credit Risk

• Integrating climate risk into policies and procedures
• Climate related risk drivers
• Impact on due diligence
• Monitoring risk profiles
• Metrics and heatmaps
• Impact on credit underwriting
• Risk mitigation
• Limits and concentrations   

Capital and Liquidity Adequacy and Climate Risk

• Impact on capital planning
• The new time horizon
• Stress testing and scenario modelling for climate risk
• Relevant time horizons
• Impact on the ICAAP
• Impact on the ILAAP
• Current disclosures

The Climate Risk Management Project

• The key components
• Appreciating the impact of the project
• Aligning the project to goals and missions
• Impact on pricing
• Risk based implications

The Future – Discussion, Q&A , Summary

END

By the conclusion of this event delegates will have gained both specialist technical and behavioural knowledge, techniques and applications of

• climate risk principles
• the requirements being implemented globally the guidance that already existed
• how to identify and manage climate risk
• the breadth of the impact on an organisation
• how to identify metrics to enable monitoring and escalation to take place
• the reporting that is likely to be required
•  the impact on the ICAAP and ILAAP

Delegates who complete the course will receive a Certificate with equivalent CPD/CPE credits via email; and for those who require an assessment as a demonstration of competency via training a 20 multiple-choice questions and answers quiz, remotely invigilated with results report and 1 resit, is available at no additional charge when requested at time of reservation.

Highly interactive expert-led intensive presentation, Q&A, group real-time in-depth case studies, regulation and discussion supported by key principles and theory. The virtual learning platform uses safe, industry preferred encrypted Cisco WebEx to optimize live face-to-face visual interaction, discrete chat, for polling and quizzes.

(An invitation via email with access link is included for all participants.)