What is one primary focus of the GARP Sustainability and Climate Risk certification?

The primary focus of the GARP Sustainability and Climate Risk certification is to assess the financial implications of climate change. This involves understanding how climate-related risks, such as physical risks from extreme weather events or transition risks associated with changing regulations and market dynamics, can affect financial performance and stability. The certification aims to equip professionals with the knowledge and tools to analyze these risks and incorporate them into financial decision-making processes, as climate change is increasingly recognized as a critical consideration for investment and risk management strategies.

The emphasis is on evaluating how climate risk can impact businesses and financial institutions, promoting a comprehensive understanding of sustainability issues in a financial context. Thus, this training is crucial for professionals aiming to navigate the evolving landscape of sustainability and climate considerations in finance.