CFA UK will launch an updated version of the Certificate in Climate and Investing (CCI) on Monday (20th March) to boost investment professionals’ knowledge of climate risks.
The qualification enables investment practitioners to understand the systemic impact of climate on investments and how to integrate climate into all areas of the investment chain and builds climate investing knowledge and skills at a time when client demand and expectations are growing due to the urgency of the climate crisis, the group said.
The newly released syllabus will apply to candidates sitting CCI from 1 April 2023 to 30 June 2024.
The changes include streamlining content to bring core knowledge to the fore; highlighting the latest developments in climate science, climate-related risks, impacts and opportunities as well as the evolving policy and regulatory landscape and a greater focus on rapidly expanding carbon markets and insurance products.
In addition, the new syllabus will take a more structured approach from basic knowledge building blocks through to more advanced application and analysis case studies across multiple geographies and sectors.
CFA UK said that candidates who earn the certificate will demonstrate that they have the skills and knowledge “to apply a climate lens to all aspects of the investment process” and understand how the physical risks and the transition to net zero can impact the value of assets and investment returns.
Will Goodhart, chief executive at CFA UK, said: “Clients want to invest in the economies of the future not the past and regulators are keen to make sure that climate investment products can do what it says on the tin.
“Investment professionals need to be competent in this field and we’re pleased to offer an increasingly accessible, up to date way for them to prove that they have the skills and knowledge that will allow them to play their part in the just transition to net zero”.
Monica Filkova, CFA, head of climate & nature investment risk at Aviva and chair of the CFA UK CCI Panel added: “Graduates of the CCI qualification are now reaping the benefits of having such crucial foundational climate investing knowledge to aid their career progression. Mastery of the syllabus will ensure candidates feel empowered to make climate decisions on a topic that is rapidly changing.”
