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

• Recognize the impact of carbon on climate change and climate-related risks, with particular emphasis on the banking sector
• List the key drivers of the decarbonization of banks
• Identify the main challenges that banks face on their decarbonization journey
• Recognize some of the key strategies that banks are implementing in their attempts to decarbonize

Tutorial Overview It is generally accepted that climate change is one of the biggest challenges the world faces this century. It is not surprising, therefore, that financial regulators have concluded that climate change poses significant risks to the stability of the banking and financial system. To manage these risks, banks (and therefore their clients) need trackable carbon transition plans. This tutorial looks in detail at the issue of decarbonization from the banking industry's perspective. Prerequisite Knowledge Climate Risk - An Introduction Tutorial Level: Introductory Tutorial Duration: 50 minutes