Your Climate Risk MBA
What you'll learn
- The history and timeline of the "business and climate change" conversation
- Why climate change should be considered potentially or probably "material" by large parts of the business community
- Why climate risks are so frequently being under-estimated by business as well as societal decision-makers
- How the business community is responding to climate change
- Tools and resources available to support business climate change decision-making
- No climate change or business experience needed.
Climate change is a “wicked problem” as much for business as it is for society. A low carbon transition is underway, but it’s not happening fast enough to prevent the earth's temperature from rising substantially in coming decades. The result will be a petri dish of business risks and opportunities. Physical impact risks, brand risks from changing public perceptions and expectations, regulatory and policy risks, liability risks associated with an increasingly active judiciary, market transition risks, and even systemic economic risks will become more material to more elements of the business community as climate change advances. The result is unparalleled business uncertainty, and big decision-making challenges. Business decision-makers need far more actionable climate knowledge than they ever needed before.
But how can business decision-makers internalize the MANY conversations and silos relevant to business climate change materiality and decision-making? From attribution science to carbon offsets and climate finance, from natural climate solutions and geoengineering to carbon pricing, from business risk assessment and low carbon pathways to blockchain solutions, the list is almost endless.
Your Climate Risk MBA provides a broad introduction to the many relevant topics, based on thousands of hours of knowledge curation in the Climate Web. We started building the Climate Web soon after publishing The Changing Profile of Corporate Climate Change Risk in 2011, the first business climate risk textbook. It’s an advanced business decision-support tool for materiality assessments, assumptions audits, scenario planning, and other decision-making needs relating to climate change risk assessment and management. The Climate Web is the closest thing today to a collective business intelligence focused on climate-related topics.
Through screenshots and hyperlinks, Your Climate Risk MBA facilitates your access to the Climate Web if you want to dig more deeply into lecture topics.
Who this course is for:
- Anyone wanting to understand the relevance of climate change to business generally as well as individual sectors, and the relevance of business action to tackling climate change.
Dr. Mark C. Trexler has more than 30 years of climate change experience, and has advised clients around the world on climate change risk and risk management. Mark joined the World Resources Institute in Washington, DC, in 1988, where he worked on the first carbon offset project, the CARE Agroforestry Project in Guatemala, as well as the first studies of nature-based solutions to climate change.
Mark has served as a lead author and editor for the Intergovernmental Panel on Climate Change, and founded and directed Trexler Climate + Energy Services (TC+ES) from 1991–2007. He was most recently Director of Climate Risk for the global risk management firm of Det Norske Veritas (based in Oslo). He is widely published on climate change topics, particularly those relating to carbon offsets, societal risk, and business risk management.
Mark has a long-time interest in how knowledge management tools can help individuals have more productive lives, and in how knowledge management can help tackle complicated societal problems like climate change. Mark is the co-developer of the Climate Web, which uses TheBrain knowledge management software, and is the closest thing today to a collective climate change intelligence. Indeed, much of the content of Mark's Udemy courses is delivered from within the Climate Web. But Mark also uses TheBrain software in his personal life, having settled on TheBrain after exploring many other knowledge management tools over the years.
Mark has lived around the world and speaks five languages, and holds advanced degrees from the University of California at Berkeley.