New Sustainable Finance course Addressing Climate Change: The Role of Finance in Building Resilience

The Sustainable Finance Online Course, developed by Prof. Dr. Tobias Peylo in corporation with German Sparkassenstiftung recently becomes available on the Money Management Academy platform, which is also a partner of DSIK. This course explores critical issues, namely climate change, corporate sustainability, ESG risks, and innovative financial tools such as the Sustainable Finance Compass and ESG Risk Radar.

Specifically designed for employees of financial institutions, the course equips them with the knowledge and tools needed to integrate sustainability into their operations and decision-making processes. Meanwhile, it is also ideal for DSIK partners implementing the Sustainable Finance Compass or Risk Radar – two sustainable finance tools developed by DSIK, offering insights and strategies to drive sustainability in financial institutions.

The course is developed in the context when climate change is no longer a distant concern - it is a reality with tangible effects across the globe. A recent analysis by Swiss Re underscores the gravity of the situation, predicting significant economic impacts due to climate change, particularly in Asia. Among all regions, Southeast Asia (SEA) is projected to experience the most substantial GDP decline as a result of these changes.

This stark outlook highlights the urgent need for robust measures to mitigate greenhouse gas emissions and adapt to climate change. Financial institutions are uniquely positioned to play a pivotal role in this effort. By directing capital toward sustainable initiatives, they can enable adaptation strategies, foster innovation, and contribute to a low-carbon economy.

For more information about the course, visit the course on Money Management Academy.