In an era where climate change is reshaping the global landscape, the ability to understand and manage climate risks is essential for professionals in the financial and investment sectors. The growing relevance of both physical and transition climate risks underscores the urgent need for informed decision-making to mitigate these risks and capitalize on emerging Investors and financial analysts must assess how climate-related events and the transition to a sustainable economy affect asset values, portfolio performance, and long-term financial stability.

Institutions must navigate regulatory pressures, assess the implications of emerging technologies, and align strategies with evolving market demands.

The EFFAS Certified Climate Risk Analyst (ECRA) programme is designed to equip finance and investment professionals with the expertise to navigate the complex interplay of climate risks and their economic implications.

To whom is intended?

The EFFAS Certified Climate Risk Analyst (ECRA)®️ programme is designed for a diverse range of professionals seeking to understand and manage climate risks in the financial and business sectors:

• Risk Managers aiming to incorporate climate risks into investment decisions and ensure asset resilience against extreme weather events.
• Financial Analysts seeking to enhance models by integrating climate risk exposure factors; ESG Fund Managers looking to deepen their understanding of climate-related financial dynamics.
• Environmental Engineers and Technicians managing natural resources, infrastructure, or climate change mitigation and adaptation projects or designing projects with climate considerations.
• Business Owners and Sustainability Managers seeking to integrate climate risks into supply chains and operations to mitigate financial exposure.
• Risk and Sustainability Consultants assisting companies and governments in understanding and addressing the impacts of climate change on operations, resources, and supply chains.

This programme is tailored for individuals who aim to lead in the evolving landscape of climate conscious financial and operational decision-making.

Methodolgy:

The training programme includes training videos, a study manual and a sample exam with answers. In addition, students will find solved exercises and will be able to take practice tests to prepare for the certification exam. The entire course is offered exclusively in English, through the EFFAS training platform, for a period of 6 months.

EFFAS estimates this programme to comprise approximately 120 hours of self-study. Students benefitting from sound mathematical and statistical knowledge might proceed faster; others will benefit from a refresher. What is more, fundamentals of economics as well as derivatives, among others, will be studies.

The course price includes the examination fee (€250).The ECRA Common Exam is a 150-minute exam based on the complete ECRA syllabus with the following two-part structure:

• Multiple Choice Questions (60 points)
• Practical Case Study (60 points)

To pass the examination, students must demonstrate their knowledge by gaining more than 50% of the total 120 examination points and in each part have more than 30% of the answers correct.