Objectives On completion of this tutorial, you will be able to:

• Define climate risk and identify its implications for financial institutions
• Name various climate risk metrics and recall their uses and limitations
• Identify key regulations and guidelines addressing the measurement and management of climate risk

Tutorial Overview There is a growing recognition that climate change and society's reactions to it may have significant consequences for the economy and the financial sector. In response to the expectations of civil society and governments, as well as increased awareness of these risks by the financial sector, financial institutions have started analyzing climate-related risks and impacts and incorporating them in their decision-making and product offerings. This tutorial provides an overview of climate risk and explores how financial institutions are assessing and managing it. Prerequisite Knowledge Risk - Primer Tutorial Level: Introductory Tutorial Duration: 60 minutes