CFA Institute, the global association of investment professionals, has launched a Climate Risk, Valuation and Investing Certificate, with a focus on real-world applications.

With investment firms ramping up the integration of environmental, social and governance values into their operations to meet the risks associated with climate change and sustainable investing, the CFA Institute says the certificate has been crafted to meet that market demand.

Incorporating both practical and applied skills from practitioners based across the globe, the certificate will provide financial professionals with climate-related investment expertise that the institute says will address crucial knowledge and skills gaps.

The five-course curriculum has been structured to help analysts and portfolio managers to integrate climate considerations into valuation and portfolio construction processes across asset classes. The courses are:

• Climate Science, Risks and Regulations
• Transition Finance
• Climate and Valuation: Listed Equity and Debt
• Climate and Valuation: Alternatives
• Portfolio Management and Stewardship for Climate Risk.

Registration for the advanced-level certificate, which will require around 100 hours of learning, will open on November 30, and candidates will receive a certificate badge upon completion.

“Our new Climate Risk, Valuation and Investing Certificate will be insightful, practical and address the needs of those investment professionals looking to apply climate analysis to investments,” says Richard Fernand, the institute’s head of certificate management. “Uniquely, this certificate looks at climate risks from an investment practitioner-oriented viewpoint, addressing the practical application of climate factors in investment decisions.”