EFFAS Climate Risk Analyst (ECRA)

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The EFFAS Certified Climate Risk Analyst® (ECRA) programme is designed to equip finance and investment professionals with the expertise to navigate the complex interplay of climate risks and their economic implications. ECRA is not just another ESG course. It is a specialised certification that empowers finance professionals to master the language of climate risk. It is a powerful standalone programme for any financial, sustainability, or risk expert seeking to gain actionable skills in today’s climate-aware economy, and a natural next step for CESGA® holders looking to deepen their expertise in the specific domain of climate risk.

Participants will learn to decode climate science, apply risk modelling tools, assess the financial impact of both physical and transition risks, interpret regulatory frameworks, and lead strategic Net Zero and adaptation planning.

Developed by EFFAS in collaboration with Marsh McLennan, EFFAS Climate Risk Analyst (ECRA)® goes beyond ESG theory and delivers the practical know-how to transform climate risk into a source of resilience, innovation, and competitive advantage.

ECRA – Brochure

Why should you follow the ECRA® programme?

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.

In this short video, we highlight:
🔹 Why climate risk knowledge matters in finance
🔹 The three key skills for future climate risk professionals.
🔹How ECRA can prepare you to lead in a changing financial landscape

The core objective 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 programme is a 100% online programme and is composed of 9 modules.

 

Who should attend?

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

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

This programme is designed for individuals who wish to take a leading role in the evolving landscape of climate-conscious financial and operational decision-making.

Practical information

Registration

Once you have completed the registration form (or via the 'Apply now' button at the top of this page) you will get an invoice. Once we have received your payment we will complete your registration and give you access to the learning platform for 6 months. 

Exams
ECRA Common Exam sessions are organised by EFFAS four times a year. The exams are online only.

Upcoming exams will be organised on:

  • 13 March 2026 (registration until 20/2/2026)
  • 26 June 2026 (registration until 18/5/2026)

Price & Certification
The price for the ECRA® programme is 1 820 EUR (VAT incl.), which includes 6 months access to the EFFAS learning management system and the online exam.

Candidates who pass the EFFAS common exam receive the ECRA® Diploma issued by EFFAS, an international certification highly valued by employers.

Questions?

If you have any questions related to the programme or registration procedure, we can help you.

Contact us