CERTIFIED EXPERT IN CLIMATE AND DISASTER RISK FINANCE AND INSURANCE
BECOME A CERTIFIED EXPERT IN CLIMATE AND DISASTER RISK FINANCE AND INSURANCE
Climate and Disaster Risk Finance and Insurance (CDRFI) plays a critical role in helping governments, financial institutions, insurers, and development organisations prepare for and respond to the increasing impacts of climate change and natural disasters. By combining risk assessment, financial planning, and insurance solutions, CDRFI solutions enable faster recovery, protection of public finances, and strengthening the resilience of climate vulnerable communities and economies.
As climate-related disasters become more frequent and severe, professionals who understand how to design and implement effective CDRFI solutions are increasingly in demand.
The Certified Expert in Climate and Disaster Risk Finance and Insurance programme equips you with the knowledge and practical skills to analyse climate and disaster risks, understand their fiscal and financial implications, and develop effective financing and insurance solutions. Through a flexible online learning format, you will gain a structured understanding of disaster risk financing strategies, risk retention and transfer instruments, and the policy, regulatory, and market frameworks that shape their application, empowering you to strengthen financial resilience where it matters most.
Duration
5 months
Language
English
Core materials also available in French and Spanish
Format
Online | Self-paced | Optional live sessions
3 ECTS
Application
Open on August 1, 2026 to applicants from Global Shield partner countries.
Climate and Disaster Risk Finance and Insurance (CDRFI) plays a critical role in helping governments, financial institutions, insurers, and development organisations prepare for and respond to the increasing impacts of climate change and natural disasters. By combining risk assessment, financial planning, and insurance solutions, CDRFI solutions enable faster recovery, protection of public finances, and strengthening the resilience of climate vulnerable communities and economies.
As climate-related disasters become more frequent and severe, professionals who understand how to design and implement effective CDRFI solutions are increasingly in demand.
The Certified Expert in Climate and Disaster Risk Finance and Insurance programme equips you with the knowledge and practical skills to analyse climate and disaster risks, understand their fiscal and financial implications, and develop effective financing and insurance solutions. Through a flexible online learning format, you will gain a structured understanding of disaster risk financing strategies, risk retention and transfer instruments, and the policy, regulatory, and market frameworks that shape their application, empowering you to strengthen financial resilience where it matters most.
Programme at a Glance
Format: Online | Self-paced | Optional live sessions
Focus: Climate and disaster risk financing | Assessment and financing tools | Practical solutions to strengthen financial resilience.
Price: EUR 550*
Certificate: Certified Expert
Launch Year: The October 2026 cohort is open exclusively to applicants from Global Shield partner countries**.
A Certified Expert in Climate Disaster Risk Finance and Insurance open to the general public is planned to launch in March 2027.
*Thanks to Global Shield's support, the October 2026 intake is offered at a reduced fee.
**(Bangladesh, Costa Rica, The Gambia, Ghana, Madagascar, Malawi, Pakistan, Peru, The Philippines, Rwanda, Senegal, Somalia, Fiji, Republic of Marshall Islands).
WHY STUDY CLIMATE AND DISASTER RISK FINANCE AND INSURANCE AT FRANKFURT SCHOOL?
Climate change and disasters are creating growing fiscal and financial risks for governments, financial institutions, and vulnerable communities worldwide. Building effective financial protection mechanisms has become a strategic priority for strengthening resilience and supporting sustainable development.
The Certified Expert in Climate and Disaster Risk Finance and Insurance brings together Frankfurt School's recognised expertise in sustainable finance, financial sector development, and executive education with the technical knowledge of leading international partners. As host of the Global Shield Solutions Platform and the Global Shield Secretariat, Frankfurt School plays an active role in advancing climate and disaster risk finance and insurance solutions, facilitating knowledge exchange and supporting the implementation of innovative financial protection mechanisms worldwide.
This expertise is further reinforced by more than 20 years of experience advising financial institutions through Frankfurt School's International Advisory Services (IAS), as well as its pioneering work in renewable energy finance at the Frankfurt School–UNEP Collaborating Centre for Climate & Sustainable Energy Finance. These long-standing engagements ensure that the programme is firmly grounded in real-world projects, evolving market practices, and the latest developments in climate and disaster risk finance.
PARTNER
This programme is developed in cooperation with the Global Shield.
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REGISTRATION
REGISTRATION
Online Course
KEY LEARNING OUTCOMES
Upon completion of the Certified Expert in Climate and Disaster Risk Finance and Insurance, participants will be able to:
- Understand the fiscal and financial impacts of climate and disaster risks.
- Assess risks using key CDRFI concepts, tools, and analytical approaches.
- Apply disaster risk financing strategies and evaluate CDRFI instruments.
- Understand implementation challenges, regulatory frameworks, and enabling conditions.
- Support risk-informed decision-making to strengthen financial resilience.
IS THIS THE RIGHT PROGRAMME FOR YOU?
The Certified Expert in Climate and Disaster Risk Finance and Insurance programme is designed for professionals who are directly or indirectly involved in financing the aftermath of disasters and managing related fiscal and financial risks. It is particularly relevant for those who want to strengthen their understanding of fiscal and financial risk, build skills in the use and (combined) effects of different financing instruments, and better understand the institutional and regulatory conditions required for effective implementation.
The programme is especially relevant for professionals in ministries of finance and line ministries, central banks, supervisory and regulatory authorities, and disaster risk management agencies. It is also highly relevant for staff from development and humanitarian organisations, international and non-governmental organisations, as well as professionals working in insurance, reinsurance, and other financial institutions.
Whether you are working on public policy, supervision, programme implementation, product design, or advisory support, this programme equips you with the knowledge, analytical tools, and applied understanding needed to engage effectively in a rapidly evolving field.
YOUR BENEFITS
Build the expertise needed to navigate the growing field of climate and disaster risk finance and insurance. This online programme provides structured knowledge, analytical tools, and practice-oriented insights that can be applied across policy, regulatory, development, and market contexts.
- Understand how climate and disaster risks create fiscal and financial pressures
- Learn how to assess risk and identify appropriate financing strategies
- Explore key CDRFI instruments, including insurance and risk financing solutions
- Strengthen your understanding of implementation challenges, regulation, and enabling environments
- Gain an internationally recognised certification to support your professional development
COURSE OUTLINE
Foundations of Climate and Disaster Risk Finance and Insurance
Foundations of Climate and Disaster Risk Finance and Insurance
Risk Analysis
Risk Analysis
Disaster Risk Financing Strategy and Implementation
Disaster Risk Financing Strategy and Implementation
CDRFI Instruments
CDRFI Instruments
Regulation, Supervision, and Enabling Environments
Regulation, Supervision, and Enabling Environments
Recap & Outlook: CDRFI in the wider Development and Resilience Agenda
Recap & Outlook: CDRFI in the wider Development and Resilience Agenda
STUDY JOURNEY
Register
Participate
Pass the Exam
Get Certified
RELATED CERTIFICATES & SEMINARS
FAQs
The Certified Expert in Climate and Disaster Risk Finance and Insurance programme starts on October 5, 2026.
After successfully passing the final exam, participants receive an official Frankfurt School certificate.
Yes, although the programme is flexible, it includes defined deadlines for assignments, course completion, and the final exam. These ensure structured progress and successful completion within the designated timeframe.
Yes, the programme includes live sessions and interactive discussions with lecturers and peers. All sessions are recorded and made available for participants who are unable to attend in real time.
Yes, participants can engage with lecturers, course coordinators, and peers through discussion forums and live sessions, enabling knowledge exchange and networking.
Yes, enrolling in multiple courses is possible.
Payment in instalments is not offered. Full payment is required prior to the start of the programme.
The development of this programme has been supported by Global Shield. Thanks to this support, Frankfurt School is able to offer the October 2026 cohort at a reduced introductory tuition fee while maintaining the same high academic quality and certification standards.
