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The Science of Climate Change

Climate change is no longer a distant threat or just a possibility, it is now a reality for all of us. In this pathway, Kevin Trenberth, a renowned climatologist, delves into the science behind climate change. He first introduces the climate system, its main components and forces.

Tackling the Plastic Crisis

Plastic pollution is by far the biggest threat to our oceans and this remains an incredibly tough problem to solve. Plastic credits could potentially serve as one of the much needed solutions for this crisis.

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+1,000 expert presented, on-demand video modules

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The Scale of the Net Zero Challenge

The price of meeting net zero is estimated to be between $100-150 trillion over the next 30 years. Regardless of this cost, we need to reach net zero before climate change does irreversible damage to the environment and the economy.

ESG, Sustainability and Impact Jargon Buster

ESG, sustainability, impact… they all just mean green, right? Not quite. Despite being used often interchangeably, there are distinct differences between these terms.

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Featured Pathways

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The Science of Climate Change

Climate change is no longer a distant threat or just a possibility, it is now a reality for all of us. In this pathway, Kevin Trenberth, a renowned climatologist, delves into the science behind climate change. He first introduces the climate system, its main components and forces.

Tackling the Plastic Crisis

Plastic pollution is by far the biggest threat to our oceans and this remains an incredibly tough problem to solve. Plastic credits could potentially serve as one of the much needed solutions for this crisis.

More pathways

Book a demo

Pricing

Ready to get started?

Plans & Membership

Our Platform

Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

Keep track of learning progress with our comprehensive data

Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Sustainability Unlocked to your current platform

Featured Content

More featured content

The Scale of the Net Zero Challenge

The price of meeting net zero is estimated to be between $100-150 trillion over the next 30 years. Regardless of this cost, we need to reach net zero before climate change does irreversible damage to the environment and the economy.

ESG, Sustainability and Impact Jargon Buster

ESG, sustainability, impact… they all just mean green, right? Not quite. Despite being used often interchangeably, there are distinct differences between these terms.

More featured content

Book a demo

Pricing

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Book a demo

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Introduction to Portfolio Climate Risk Mitigation

Introduction to Portfolio Climate Risk Mitigation

Robert Engle

Nobel Prize winning economist

In this video collaboration with MMF, Nobel Laureate and economist Robert Engle introduces climate financial risks - from the biggest financial shocks we have seen historically to how we measure different risk factors when they arise simultaneously. Robert explores how we can prepare for these different scenarios using four different investor goals, all accounting for climate change.

In this video collaboration with MMF, Nobel Laureate and economist Robert Engle introduces climate financial risks - from the biggest financial shocks we have seen historically to how we measure different risk factors when they arise simultaneously. Robert explores how we can prepare for these different scenarios using four different investor goals, all accounting for climate change.

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Introduction to Portfolio Climate Risk Mitigation

10 mins 18 secs

Overview

We can use previous economic shocks to prepare for future shocks involving climate change. Using the data from V-Lab, we can measure the geopolitics events with the greatest global impact and then build a model that demonstrates how different volatility residuals respond.

Key learning objectives:

  • Understand how we can measure multiple risk factors

  • Learn how we can prepare for economic shocks

  • Identify four different goals of investing for climate change

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This video is now available for free. It is also part of a premium, accredited video course. Sign up for a 7-day free trial to watch more.

Summary

What are the biggest shocks that we've observed in the past?

The events with the greatest impact have been COVID-19, Brexit, 9/11 and a series of other geopolitical events, including the election of Donald Trump, Chinese Black Monday and Dick Cheney’s assassination attempt. 

What are the four different goals that investors might have for investing in a world where climate change is an important risk?

  1. Use the information that you have on not only characteristics of firms, but also characteristics of firms that are related to climate change.

  2. Invest with the view that the market underappreciates the importance of climate change, thereby taking a position which will appreciate when the market figures out the truth.

  3. Invest to hedge climate risk. This means going long companies that will do well in a world of substantial climate change and shorting those that won't do well. This strategy which will act as insurance to reduce risk of consumption in the long run.

  4. Invest for impact rather than financial performance. This means subsidising companies that are doing things good for the planet. 

 

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Robert Engle

Robert Engle

Robert Engle is a co-director of the Volatility and Risk Institute. He was awarded the 2003 Nobel Prize in Economic Sciences for his work on autoregressive conditional heteroskedasticity. He holds a Ph.D. in economics from Cornell University in New York, United States.

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