EFFAS Climate Risk Analyst® (ECRA) at a glance

The EFFAS Certified Climate Risk Analyst® (ECRA) programme equips participants to drive sustainable strategies, enhancing resilience and ensuring they are prepared to lead in a rapidly changing economic and regulatory environment. The ECRA is formed by 9 Modules:

Module 1. The science of climate change

Module 2. Global climate regulations

Module 3. Climate risk identification and modelling

Module 4. Quantifying the financial impact of climate risk

Module 5. Climate Opportunities

Module 6. Net Zero and adaptation plans

Module 7. Climate change assessment for financial institutions

Module 8. Green finance

Module 9. Climate risk for different asset classes

Download the complete EFFAS Climate Risk Analyst® (ECRA) Syllabus HERE (PDF)

The core objective of this programme is to highlight the role of ESG considerations within investment processes. Upon completion, participants will be able to:

  • Understand the science behind climate change and its financial impacts.
  • Learn global climate regulations and their effects on financial institutions.
  • Identify and model climate risks, including asset vulnerability and exposure.
  • Quantify climate risks’ financial impacts on portfolios and businesses.
  • Explore opportunities in sustainable investments and renewable energy.
  • Understand climate adaptation plans and how they
    incorporate ‘Net Zero’ goals and financial strategies.
  • Manage climate risks and integrate them into financial strategies.
  • Gain insights into green finance and the growth of sustainable markets.

The EFFAS Certified Climate Risk Analyst (ECRA) programme is designed for a diverse range of professionals seeking to understand and manage climate risks in the financial and business sectors:

  • Risk Managers aiming to incorporate climate risks into investment decisions and ensure asset resilience against extreme weather events.
  • Financial Analysts seeking to enhance models by integrating climate risk exposure factors; ESG Fund Managers looking to deepen their understanding of climate-related financial dynamics.
  • Environmental Engineers and Technicians managing natural resources, infrastructure, or climate change mitigation and adaptation projects and or designing projects with climate considerations.
  • Business Owners and Sustainability Managers seeking to integrate climate risks into supply chains and operations to mitigate financial exposure.
  • Risk and Sustainability Consultants assisting companies and governments in understanding andaddressingtheimpactsofclimatechangeonoperations,resources,andsupplychains.

This programme is tailored for individuals who aim to lead in the evolving landscape of climateconscious financial and operational decision-making.

Step 1:

Enrol on the EFFAS Climate Risk Analyst® (ECRA) Programme offered by an accredited EFFAS National Member Society (NMS). If you are located in a country without a NMS please visit EFFAS Academy website for registration.

Prerequisites: None, although some knowledge or experience in finance is helpful.

Step 2:

Pass the EFFAS Climate Risk Analyst® (ECRA) exam organised by EFFAS and its accredited National Member Societies.The exam covers the complete Examination Syllabus.

The qualification results granted by EFFAS will be SUITABLE or NOT SUITABLE and the results are not open to appeal. EFFAS as awarding body does NOT accept requests by candidates to review the examination paper, nor does it provide detailed information on scores and/or percentage of correct answers / failures in the corresponding examination to the candidate.