ESSENTIALS OF CLIMATE RISK AND THE CARBON MARKETS

ESSENTIALS OF CLIMATE RISK AND THE CARBON MARKETS

Funded

Course Duration

15.0 hr(s)

Mode of Assessment

49-Question Multiple-choice Paper

Who Should Attend

  • Risk managers and analysts
  • Finance professionals with an interest in climate risks and carbon markets
  • Legal, regulatory and compliance professionals
  • Directors and managers with ESG and sustainability responsibilities
  • Public sector officers with an interest in climate change

What's In It for Me

  • Understand what makes climate risk is a strategic business risk, and the mechanisms behind carbon management.
  • Learn how to leverage on opportunities that can help move the needle towards achieving a global net zero ambition.
  • Demystify the concept of green taxonomies, their significance in sustainable finance and their application.

Course Overview

As the impact of climate change rise up agendas of governments and major businesses, the role of financial markets has grown. In light of the world’s collective agreement to limit our global greenhouse gas emissions, channeling credit and investment flows to mitigate the growing climate risks has made the finance markets a key force for change.  This development has given rise to more stakeholders leveraging on the role of finance to direct capital in order to strengthen awareness, action and more positive impact on climate action.

This course seeks to explore climate risk as a strategic business risk interwoven into financial and non-financial markets. The course explores the growing focus on decarbonization across sectors, mechanisms behind carbon management – both voluntary and compliance – as well as the growing regulatory landscape across the region. We will also cover the rise of green taxonomies and understand how they can be applied. Through compliance and incentive schemes, we will discuss how non-financial markets are able leverage on opportunities to move the needle towards achieving a global net zero ambition.

Course Schedule

Next available schedule

Course Objectives

Upon completing this course, participants will be able to grasp a firm understanding of the following:

  1. Understand climate science, referencing global frameworks such as the UNFCCC
  2. Learn about climate risks, its impacts on various financial and non-financial industries, and the essentials in climate risk reporting (TCFD)
  3. Get acquainted with developments in the carbon markets – both voluntary and compliance – and the role of key actors across the ecosystem
  4. Understand Singapore’s sustainability ambitions in relation to GHG emissions reduction and Net Zero, and the key policies and tax mechanisms that will impact financial and non-financial sectors
  5. Understand the purpose of a green taxonomy, in the context of sustainable finance among various jurisdictions in Asia, including Singapore, China, and ASEAN and the EU
  6. Learn the key features of taxonomies, and how they can be applied across different sectors

Pre-requisites

The admission requirements are:

  • Relevant diploma or degree.
  • Proficient in the English language.
  • Hardware & Software
    • This course will be conducted as a Virtual Live Class (VLC) via Zoom platform
    • Participants must own a Zoom account and have a laptop or a desktop with “Zoom Client for Meetings” installed. Download from zoom.us/download. 

System Requirement

Must-have:
Please ensure that your computer or laptop meets the following requirements.

  • Operating system: Windows 10 or MacOS (64 bit or above)
  • Processor/CPU: 1.8 GHz, 2-core Intel Core i3 or higher
  • Minimum 20 GB hard disk space
  • Minimum 8 GB RAM
  • Webcam (camera must be turned on for the duration of the class)
  • Microphone
  • Internet Connection: Wired or Wireless broadband
  • Latest version of Zoom software to be installed on computer or laptop prior to the class.

Good-to-have:

  • Wired internet connection
    Wired internet will provide you with stable and reliable connection.
  • Dual monitors
    Using a dual monitor setup will undoubtedly improve your training experience, enabling you to simultaneously participate in hands-on exercises and maintain engagement with your instructor.

Not recommended: 
Using tablets are not recommended due to their smaller screen size, which could cause eye strain and discomfort over the course of the program's duration.

Course Outline

Day 1: Basics of climate science, significant milestones in global climate action, and the momentum from private and public sector institutions towards mainstreaming climate risks and the relevant frameworks. We will also explore the role of the finance markets in directing capital flows towards environment and social investments.

Day 2: Development of the carbon market, the role of taxonomies and key initiatives directed at climate finance. We will also explore case studies of Asia’s banks, and the implications for the non-financial markets.

Certificate Obtained and Conferred by

  • Upon meeting the attendance and assessment(s) criteria, participants will be awarded with a digital Statement of Attainment (SOA), accredited by SkillsFuture Singapore.
  • Upon meeting the attendance and assessment(s) criteria, participants will be awarded with a digital Certificate of Completion from NTUC LearningHub and Eco-Business.
  • Certificate of completion from NTUC LearningHub

Upon meeting at least 75% attendance and passing the assessment(s), participants will receive a Certificate of Completion from NTUC LearningHub.

Additional Details

Medium of Instruction: English
Trainer to trainee ratio: 1:20

Mode of Delivery: Virtual Live Class (VLC) via Zoom

Price

Course Fee and Government Subsidies

 

Individual Sponsored Trainee

Company Sponsored Trainee

 

Before GST

After GST

Before GST

After GST

Full Course Fee
(For Foreigners and those not eligible for subsidies)

$2,400.00

$2,616.00

$2,400.00

$2,616.00

For Singapore Citizens aged 39 years and below
and
For all Singapore Permanent Residents
(The minimum age for individual sponsored trainees is 21 years)

$1,200.00

$1,416.00

$1,200.00

$1,416.00

For Singapore Citizens aged 40 years and above

$720.00

$936.00

$720.00

$936.00

Funding Eligibility Criteria

Individual Sponsored Trainee

Company Sponsored Trainee

  • Singapore Citizens or Singapore Permanent Residents
  • From 1 October 2023, attendance-taking for SkillsFuture Singapore's (SSG) funded courses must be done digitally via the Singpass App. This applies to both physical and synchronous e-learning courses

  • Trainee must pass all prescribed tests / assessments, and attain 100% competency
  • NTUC LearningHub reserves the right to claw back the funded amount from trainee if he/she did not meet the eligibility criteria
  • Singapore Citizens or Singapore Permanent Residents
  • From 1 October 2023, attendance-taking for SkillsFuture Singapore's (SSG) funded courses must be done digitally via the Singpass App. This applies to both physical and synchronous e-learning courses

  • Trainee must pass all prescribed tests / assessments, and attain 100% competency
  • Sponsoring company must be
    • Singapore-based financial Institutions regulated by MAS (licensed or exempt from licensing by MAS)
    • FinTech firms certified by Singapore FinTech Association
  • NTUC LearningHub reserves the right to claw back the funded amount from the employer if trainee did not meet the eligibility criteria

Remarks

Individual Sponsored Trainee

Company Sponsored Trainee

SkillsFuture Credit: 

  • Eligible Singapore Citizens can use their SkillsFuture Credit to offset course fee payable after funding.

Absentee Payroll (AP) Funding: 

  • $4.50 per hour, capped at $100,000 per enterprise per calendar year.
  • AP funding will be computed based on the actual number of training hours attended by the trainee.
  • Note: Courses / Modules under Professional Conversion Programme (PCP) will not be eligible for AP funding claim.

Terms & Conditions apply. NTUC LearningHub reserves the right to make changes or improvements to any of the products described in this document without prior notice.

Prices are subject to other LHUB miscellaneous fees.

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