Global professional investment association CFA Institute today announced the launch of a new Climate Risk, Valuation, and Investing Certificate, aimed at providing financial professionals with climate-related investment expertise and integrating climate considerations into valuation and portfolio construction processes.
According to the CFA Institute, the new certificate is being launched to meet growing market demand from investment firms for personnel with climate analysis skills, to adapt to the risks associated with climate change, and as investors increasingly want to take into account take climate-related factors into their investment decision processes.
The certificate requires approximately 100 hours of study and includes five courses, including Climate Science, Risks, and Regulations, Transition Finance, Climate and Valuation: Listed Equity and Debt, Climate and Valuation: Alternatives, and Portfolio Management and Stewardship for Climate Risk. . Each course will include a test and the curriculum will focus on applying relevant tools for analyzing equities, fixed income and alternatives.
According to the CFA Institute, the certificate will focus on real-world application, with a curriculum and supporting activities based on models and case studies received directly from industry professionals and subject matter experts. The organization added that it will adopt a cohort approach, allowing greater interaction among students and encouraging community and shared learning among investment professionals.
Richard Fernand, Head of Certificate Management at CFA Institute, said:
“Our new Climate Risk, Valuation and Investment Certificate will be insightful and practical, meeting the needs of investment professionals looking to apply climate analysis to investments. What is unique is that this certificate looks at climate risks from an investment perspective, addressing the practical application of climate factors in investment decisions.”
Registrations for the new certificate are expected to open on November 30.