ACCA and CFA Institute have launched a new climate finance course, the two organisations said recently.
The launch comes as this year’s COP27 United Nations Climate Change Conference highlights the urgency of the climate crisis, ACCA noted.
According to the two organisations, the course provides an introduction to climate change and its related economic and environmental impacts as well as climate solutions.
The course covers climate change, carbon pricing, sustainable business models, and climate risk and opportunities in the context of business as well as portfolio construction and investment analysis, ACCA said.
The programme is unique in its holistic approach because it presents the topic from the perspectives of both issuers and investors, and hence is suitable for diverse audiences, ACCA said in a statement.
This climate finance course is unique in its holistic approach, looking at the perspectives of both issuers and of investors, said ACCA chief executive Helen Brand.
"We’re confident that learners will gain a strong practical understanding of climate implications to apply to their day-to-day work," she noted. "Both accountancy and investment professionals have a vital role to play in the fight against climate change and creating a better world, so we’re delighted to be working with CFA Institute on this.”
“Together with ACCA, we at CFA Institute are pleased to launch this unique and interactive learning experience for individuals wishing to develop their understanding of the climate aspects of ESG in an investment context," said CFA Institute and president and chief executive, Margaret Franklin, CFA. "Concerns over greenwashing and a demand for products and skills to support sustainable investing have created a real need for finance professionals to develop a deeper understanding of how these factors are impacting the industry, clients, and the world at large."
While the climate finance course is a practical and applied digital course to support business, finance and accounting professionals, it’s also useful for individuals seeking practical guidance on climate change and related finance matters, ACCA pointed out.
The course can be used as verifiable continuing professional development (CPD) and requires around 10 hours of self-paced study, ACCA added.