Professional body CFA Society of the UK (CFA UK) has launched a qualification designed to help the investment management industry understand the implications of climate change on investments.
The Certificate in Climate and Investing (CCI) will help individuals understand how the investment world can play an increasing role in the transition to a low carbon economy.
It is a self-study course requiring a recommended 150 hours of study. The 10-part syllabus covers climate science, regulatory response and policy, the changing corporate reporting landscape, and tools specific to measuring climate-related impacts on investments across a broad range of asset classes in both public and private markets, and at portfolio level.
Upon completion, candidates will understand the implications of climate change on an investment and the ability to incorporate relevant tools, techniques and data into investment processes.
Registered candidates have 12 months from starting the certificate course to sit the exam, and, upon successful completion, will be awarded their CCI.
Meet client demands
Will Goodhart, chief executive of CFA UK, said: “The launch of CFA UK’s Certificate in Climate and Investing comes at a pivotal time for the investment profession.
“COP26 reaffirmed the changes that need to be made and highlighted the finance sector’s increased commitment to working with government and civil society to maintain the sustainability of our planet.
“Investment will have a vital role to play in the transition to net zero and there has never been a more important time for investment professionals to understand climate risks and how to integrate climate considerations into a portfolio.
“This programme provides the practical skills and knowledge that people in our sector need to be able to play their part and meet their clients’ demands.”