EFFAS Climate Risk Analyst® (ECRA)

The EFFAS Climate Risk Analyst® (ECRA) equips professionals to assess and integrate climate-related risks into financial decisions across portfolios and business models. Developed with Marsh and aligned with the EU Taxonomy, TCFD, IFRS, NGFS and CSRD, the programme bridges climate science and financial decision-making.

What you’ll learn

• The science of climate change and its economic effects
• How to identify, model and quantify the financial impact of climate risk
• How to evaluate climate opportunities, net-zero and adaptation plans
• How to integrate climate risk across asset classes within a sustainable-finance framework

Programme structure

Nine modules delivered online:

1. Climate change science
2. Policies, regulations and sector-specific initiatives
3. Climate risk identification and modelling
4. Climate risk financial impact quantification
5. Climate opportunities
6. Net zero and adaptation plans
7. Economic effects of climate-related risks
8. Sustainable finance
9. Climate risk and asset classes

Exam & certification

Candidates sit a single examination covering the full syllabus; results are graded SUITABLE or NOT SUITABLE. Passing earns the EFFAS Climate Risk Analyst® designation.

Who it’s for

Risk managers, financial analysts, ESG fund managers, environmental engineers, business owners and sustainability consultants who need to manage climate-related financial risk.

Offered by EFFAS on KnowESG — Europe’s leading certification body for investment professionals.