"I believe the development of the Institute’s Green Finance Certificate™, the world’s first benchmark qualification for green finance professionals, is such a significant development. It’s also a development that I am extremely proud of. While there has been great progress made in rebuilding the finance profession over the last decade, we still need to do much more to reconnect finance and society and to rebuild people’s trust in our profession. Ensuring that sustainability and stewardship sit alongside credit, risk, operations and technology as key aspects of financial professionalism, will help us to do this, as well as helping current and future generations of Chartered Bankers and financial professionals to demonstrate the positive social purpose that finance can, and should have."
Simon Thompson, Chief Executive, Chartered Banker Institute
What is Green Finance?
“Any financial initiative, process, product or service that is designed to protect the natural environment and support the transition to a sustainable, low-carbon world; and/or manage climate-related and other environmental risks impacting finance and investment”
This is a broad definition which acknowledges the different dimensions of the concept of green finance, while retaining an overarching focus on enhancing and sustaining the natural environment, and managing current and future environmental risks - particularly, but no, exclusively, climate change. It highlights and recognises the two-way nature of the relationship. Finance and investment can help or harm the environment, while the environment can also positively or negatively impact the performance of investments and finance services firms.
Green finance certificate
What is Sustainable Finance?
"The inclusion of economic, environmental and social factors in an organisation’s strategy, management, activities and operations; combined with the financing of sustainable economic, environmental and social objectives.”
To read the full first chapter and learn more, please click the link below.Chapter 1: AN INTRODUCTION TO GREEN AND SUSTAINABLE FINANCE
Why study the Green Finance Certificate?
The Certificate is the world’s first benchmark qualification for Green Finance. The Certificate provides learners with a comprehensive overview and understanding of the evolving Green Finance sector, covering:
- Scientific background to Green Finance – climate science and the transition to a low carbon world
- Global, international and national responses to climate change
- Climate-related financial risks, stranded assets and other environmental risks
- Key Green Finance principles, including the UN Sustainable Development Goals, TCFD, Green Bond Principles and Green Loan Principles
- Importance of monitoring and verification
- Green Finance products and services (banking, insurance and investment)
- Green FinTech
- Ethical dimensions of Green Finance and the Role of the Green Finance Professional
As the finance sector aims to meet the challenges of climate change and the transition to a low-carbon world, green finance has grown increasingly mainstream. Green and Sustainable Finance is a comprehensive guide to the application of common green and sustainable practices in banking, investment and insurance, pre-order here.
CISI -The CISI is the largest and most widely respected professional body for the securities and investment profession in the UK and in a growing number of financial centres globally.
UK Finance - UK Finance is the collective voice for the banking and finance industry. Representing more than 250 firms across the industry, they act to enhance competitiveness, support customers and facilitate innovation.
FINSIA - FINSIA is the professional body in Australia and New Zealand for the financial services industry. FINSIA, the Financial Services Institute of Australasia, origins go back to 1886, when the AIBF was established by a group of bankers to drive improvements in professional practice and high standards of conduct.
Hong Kong Institue of Bankers - Established in 1963, The Hong Kong Institute of Bankers (HKIB) is the first non-profit institution that provides training and certification services to the banking community in Hong Kong. Playing an important role in talent development in the local banking industry.
The Institute of Banking and Finance Singapore - The Institute of Banking and Finance Singapore (IBF) was established in 1974 as a not-for-profit industry association to foster and develop the professional competencies of the financial industry.