Climate Change Risk Management from Udemy

Climate change is a major challenge because of the magnitude of the potential effects and the uncertainty associated with climate change projections (when will they happen and how big the impact). In recent years there has been a growing concern on how we can predict, measure and manage the risks that come from climate change. Because it´s a new topic, there is not much information about it, so this course will be a good start to assess how exposed you can be.

If you are a decision maker or a risk manager, this course will help you master the basics of climate change risks and how you can mitigate them to reduce their impact. If you are a person concerned about climate risks and how they can affect you, this course is also for you.

In this course you will learn what climate risk is, why it is important to you, the types of climate risks and their potential impact, how you can measure and manage climate risks, and if there are any interesting opportunities that can come from climate risks. There are also a couple of bonus lectures about green and blue bonds, both innovations came from climate change risks.

What's inside

Syllabus

Introduction

Overview of the course

Before we begin...

Students will learn the definition of climate risk, the types of climate risks, and what are the potential impacts of these risks.

Traffic lights

Read about what's good

what should give you pause

and possible dealbreakers

Explores governance, strategy, risk management, BCP, DRP, and insurance, which are all key components of a comprehensive risk mitigation strategy

Examines green and blue bonds, which are innovative financial instruments used to fund projects with environmental and climate benefits

Provides an overview of climate change risks, which is a rapidly evolving field with new information and approaches emerging regularly

Focuses on understanding and managing climate risks, which requires staying updated on the latest scientific findings and policy developments

Reviews summary

Beginner-friendly overview of climate risk

According to students, this course serves as a good overview and solid introduction to climate change risks. Learners appreciate the clear explanations, logical structure, and how it helps build foundational knowledge for those new to the subject. The section on financial impacts was specifically highlighted as relevant and eye-opening by some. However, a significant portion of students, particularly those with prior experience in risk management, found the content too basic and felt it lacked depth, especially concerning measurement techniques and technical detail. While the course description targets both beginners and professionals, reviews indicate it is best suited for beginners or those seeking general awareness rather than advanced skills for a professional role.

Instructor explains concepts clearly.

"The instructor explained things clearly and the course structure was easy to follow."

"The structure is logical, and the lectures are easy to follow."

"The explanation of physical vs. transitional risks was very clear."

"The pace is just right, and the explanations are clear."

Highly effective for those new to the topic.

"It's a great starting point for anyone wanting to understand this topic."

"As someone new to this field, I found it extremely helpful in building foundational knowledge. Highly recommended for beginners."

"Useful for getting the basics down."

"Highly recommend for anyone needing a clear introduction."

A great starting point for understanding.

"This course provided a really good overview of climate change risks."

"A solid introduction to climate risk. It gives a broad perspective on the topic."

"Excellent course! It lays out the complex topic of climate risk in an accessible way."

"Fantastic course for grasping the fundamentals. The pace is just right..."

"Provides a good foundational understanding. It's clear and well-structured."

Details on measurement techniques are minimal.

"I wished there was more depth on the measurement techniques and specific case studies..."

"...I felt the measurement part was lacking detail. It serves as a good foundation, but you'll definitely need to pursue more advanced resources..."

"The measurement section was almost non-existent."

Content lacks depth for experienced learners.

"...felt a bit too basic for me. I have some prior knowledge... hoping for more advanced or technical content, especially on quantification..."

"...didn't meet my expectations. It promised to help 'decision makers or a risk manager master the basics', but the 'basics' covered here are very surface level."

"If you are actually in a risk management role, this probably isn't detailed enough to be useful. It's more suited for general awareness."

"It's okay if you're completely new to the subject, but not much value if you're looking to deepen existing skills."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Climate Change Risk Management with these activities:

Review Basic Risk Management Principles

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Reinforce your understanding of fundamental risk management concepts to better grasp climate change risk management.

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Review the definition of risk and its components.
Study common risk management frameworks.
Practice identifying and assessing risks in various scenarios.

Review 'Drawdown: The Most Comprehensive Plan Ever Proposed to Reverse Global Warming'

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Explore potential solutions and opportunities related to climate change mitigation.

View Drawdown: The Most Comprehensive Plan Ever... on Amazon

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Read the book, focusing on the solutions that are most relevant to your interests.
Take notes on the key findings and recommendations.
Consider how these solutions could be implemented in your own community or organization.

Review 'The Sixth Extinction: An Unnatural History'

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Understand the broader ecological context of climate change risks by reading about past extinction events.

View The Sixth Extinction (Tenth Anniversary Edition) on Amazon

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Read the book, focusing on the chapters related to climate change and its impact on species.
Take notes on the key arguments and evidence presented by the author.
Reflect on how the book's insights relate to the concepts discussed in the course.

Four other activities

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Create a Data Visualization of Climate Risk Data

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Enhance your understanding of climate risk data by creating a compelling visualization.

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Find a relevant climate risk dataset (e.g., sea level rise projections, temperature trends).
Choose a visualization tool (e.g., Tableau, Python with Matplotlib).
Create a visualization that effectively communicates the key trends and patterns in the data.
Write a short description explaining the visualization and its implications.

Create a Presentation on Climate Risk Mitigation Strategies

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Solidify your understanding of climate risk mitigation by researching and presenting different strategies.

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Research various climate risk mitigation strategies.
Select 3-5 strategies to focus on.
Create a presentation outlining the strategies, their benefits, and potential challenges.
Present your findings to a peer or colleague.

Develop a Climate Risk Assessment for a Local Business

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Apply your knowledge by conducting a climate risk assessment for a real-world business.

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Identify a local business willing to participate.
Assess the business's vulnerability to different climate risks.
Develop a risk management plan tailored to the business's specific needs.
Present your findings and recommendations to the business owner.

Volunteer with a Climate Action Organization

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Gain practical experience and contribute to climate action efforts.

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Research local climate action organizations.
Contact an organization and inquire about volunteer opportunities.
Participate in volunteer activities, such as advocacy, education, or community outreach.

Career center

Learners who complete Climate Change Risk Management will develop knowledge and skills that may be useful to these careers:

Climate Change Analyst

A climate change analyst researches and analyzes climate change data to inform policy and business decisions. This course gives you the basics to assess how exposed you can be. Because it´s a new topic, there is not much information about it, so this course will be a good start. This course helps a climate change anlayst by teaching what climate risk is, and how to measure and manage climate risks. The course is very helpful in understanding the potential effects of climate risks, not only broadly but in the financial sector.

See salaries and explore the career path for Climate Change Analyst

Chief Sustainability Officer

A chief sustainability officer leads a company's sustainability efforts, setting goals and implementing strategies to reduce environmental impact. The growing concern on predicting and managing climate change risks is central to the role of a chief sustainability officer. In recent years, there has been a growing concern on how we can predict, measure and manage the risks that come from climate change. If you are a decision maker or a risk manager, this course is designed to directly address these challenges and provide a good start to assess how exposed you can be.

See salaries and explore the career path for Chief Sustainability Officer

Risk Manager

A risk manager identifies and assesses potential threats to an organization. This course directly addresses the growing concern on how to predict, measure, and manage the risks that come from climate change, making it highly relevant for a risk manager. The course covers the types of climate risks, their potential impact, and how to mitigate them, providing a framework for integrating climate risk into broader risk management strategies. You'll also explore governance, strategy, risk management, business continuity planning and disaster recovery planning, and insurance. Learning about green and blue bonds offers insights into financial innovations that can mitigate climate change risk.

See salaries and explore the career path for Risk Manager

Corporate Social Responsibility Manager

A corporate social responsibility manager develops and implements a company's CSR strategy. The growing concern on predicting and managing climate change risks directly relates to CSR initiatives. The course's emphasis on understanding the types of climate risks, their potential impact, and how to mitigate them will help a corporate social responsibility manager integrate climate considerations into the company's social responsibility strategy. It is especially helpful to understand if there are any interesting opportunities that can come from climate risks. You'll also learn about green and blue bonds, innovations born from climate change risks.

See salaries and explore the career path for Corporate Social Responsibility Manager

Environmental Analyst

An environmental analyst assesses environmental problems and recommends solutions. With the growing concern on how to predict, measure, and manage the risks that come from climate change, this course provides a solid foundation for conducting such analyses. Learning about the types of climate risks, their potential impact, and methods for mitigating them helps an environmental analyst create informed recommendations for businesses and governments. This course is particularly helpful because it will helps you master the basics of climate change risks. The course especially provides tools relevant to identifying opportunities that can come from climate risks.

See salaries and explore the career path for Environmental Analyst

Policy Advisor

A policy advisor provides guidance to government officials on the development and implementation of policies. The growing concern on how to predict, measure, and manage the risks that come from climate change is relevant to policy decisions. The course helps a policy advisor by teaching what climate risk is, why it is important, and the types of climate risks. The course's content on mitigating climate change risks enhances a greater understanding on how to integrate such considerations into policy recommendations. A policy advisor should be concerned about climate risks and how they can affect you.

See salaries and explore the career path for Policy Advisor

Sustainability Consultant

A sustainability consultant helps organizations reduce their environmental impact and improve their sustainability practices. This course equips you with the basics of climate change risks and how to mitigate them, which is directly applicable to the work of a sustainability consultant. Understanding the types of climate risks, their potential impact, and how to measure and manage them helps a sustainability consultant create effective strategies for businesses. Furthermore, knowledge of green and blue bonds provides insights into innovative financial tools for environmental sustainability. If you want to become a sustainability consultant, this course will help you assess how exposed you can be.

See salaries and explore the career path for Sustainability Consultant

Actuary

An actuary assesses and manages financial risks, particularly in the insurance industry. Climate change presents significant, long-term risks that actuaries must consider. This course will help you master the basics of climate change risks and how you can mitigate them to reduce their impact. Understanding the types of climate risks, their potential impact, and how to measure and manage them is crucial for developing accurate risk models and pricing strategies. Learning about governance, strategy, risk management, business continuity planning and disaster recovery planning, and insurance is beneficial for an actuary.

See salaries and explore the career path for Actuary

Investment Analyst

An investment analyst evaluates investment opportunities and provides recommendations to clients or firms. This course increases the ability of the investment analyst to evaluate climate-related risks and opportunities of investments. The course provides you the basics of climate change risks and how you can mitigate them. Understanding what are the potential effects of climate risks in the financial sector is particularly valuable for an investment analyst. The course's coverage of green and blue bonds offers insight into sustainable investment options.

See salaries and explore the career path for Investment Analyst

Environmental Consultant

An environmental consultant advises organizations on environmental issues and helps them comply with regulations. This course may be useful to an aspiring environmental consultant because it teaches important information about climate change risks. This course helps to show how to mitigate them to reduce their impact. Understanding what climate risk is, why it is important, and the types of climate risks allows for a better grasp of regulations.

See salaries and explore the career path for Environmental Consultant

Business Development Manager

A business development manager focuses on identifying and pursuing opportunities for growth for a company. In the context of climate change, this role increasingly involves exploring sustainable and resilient business models. This course provides a foundation for understanding climate-related risks and how they can be mitigated, which is essential for identifying new business opportunities. The section on green and blue bonds is particularly useful for a business development manager, providing insights into emerging financial instruments and markets. This course can help you to assess how exposed you can be.

See salaries and explore the career path for Business Development Manager

Financial Planner

A financial planner may be concerned about climate risks and how they can affect you. This course can help you master the basics of climate change risks and how you can mitigate them to reduce their impact. Understanding these issues is important to a financial planner, allowing them to better assist their clients. In particular, gaining knowledge of green and blue bonds, innovations that came from climate change risks, may be useful.

See salaries and explore the career path for Financial Planner

Supply Chain Manager

A supply chain manager oversees the flow of goods and services from raw materials to the end consumer. Climate change can disrupt supply chains through extreme weather events and resource scarcity. If you are a decision maker or a risk manager, this course may be helpful for you. You will learn what climate risk is, why it is important to you, the types of climate risks and their potential impact, how you can measure and manage climate risks, and if there are any interesting opportunities that can come from climate risks.

See salaries and explore the career path for Supply Chain Manager

Data Scientist

A data scientist analyzes large datasets to identify trends and insights. The course can improve the understanding of climate risks and ways to reduce their impact. This course helps a data scientist by teaching what climate risk is, why it is important, the types of climate risks, and their potential impact. Since the course teaches the basics, it is particularly useful for those who are new to the field. The course also addresses the potential effects of climate risks.

See salaries and explore the career path for Data Scientist

Urban Planner

An urban planner designs and develops cities and communities, considering factors such as transportation, housing, and the environment. This course helps the urban planner learn how to mitigate them to reduce their impact. Understanding climate risk is important to those in this career. Learning about governance, strategy, risk management, business continuity planning and disaster recovery planning, and insurance is beneficial for an urban planner. This course will be a good start to assess how exposed you can be.

See salaries and explore the career path for Urban Planner

Climate Change Risk Management

What's inside

Syllabus

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Reviews summary

Beginner-friendly overview of climate risk

Activities

Career center

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