The Hybrid Course on Green Finance is an introductory program to green finance, aimed mainly at officials and participants of the financial system, developed in collaboration between the Ministry of Environment and Natural Resources of the Dom. Rep. (MMARN), the Latin American Association of Financial Institutions for Development (ALIDE), the Mexican Council for Sustainable Finance (CMFS), the "Alejandro E. Grullón E." Sustainability Chair, of the Pontificia Universidad Católica Madre y Maestra (PUCMM) and the Popular Foundation, the Association of Banks of the Dominican Republic (ABA), and the Center for Technology and Permanent Education (TEP-INICIA) of the PUCMM.

Provide the participant with the basic notions and the necessary tools to increase their knowledge of green finance and the application of environmental, social and corporate governance criteria in investment decisions. Covered the most relevant topics in the matter such as knowing the financial implications of climate change and the role played by the financial system in its mitigation and adaptation, as well as the way in which it can integrate environmental, social and corporate governance factors in its analysis of risks.

The specific objectives of this program are the following:

  1. Understand the basics of green and sustainable finance.
  2. Acquire the tools and knowledge on environmental, social and corporate governance factors and their application in the financial, corporate and regulatory system.
  3. Know the financial instruments available for the mobilization of capital towards sustainable activities, projects and assets.
  4. Learn about regional and international sustainable finance trends and initiatives. Understand climate-related risks and their financial implications.

Module 1: Context of green finance in the Dominican Republic and the Green Climate Fund:

  1. Opening: Presentation of speakers and structure of the course.
  2. The role of the financial system in the advancement of green finance.
  3. Socioeconomic context of the Dominican Republic related to climate change: geographic conditions, climate vulnerability, demographic characteristics, composition of the production system, carbon price, trade.
  4. Context of green finance in the Dominican Republic: overview of the financial system, public debt, interest rates, institutional architecture of the financial system.
  5. Climate context of the Dominican Republic: emissions, climate change policies, ESG policies for investors, ESG policies for issuers, energy and water efficiency policies, corporate governance and transparency policies, disaster management.
  6. Sustainable financing flows: local bank stock market financing and private capital, international climate financing.
  7. International climate funds: Green Climate Fund, Global Environment Facility, Adaptation Fund, Climate Investment Fund.

Module 2: Good practices and latest trends in green finance:

  1. Green Finance Market Infrastructure
    • a. Offer and demand
    • b. Standards
    • c. Regulation
    • d. Tools

Module 3: Frameworks of reference, standards and financial tools related to sustainability:

  • Benefits of ESG disclosure in listed and unlisted companies.
  • ESG materiality for the financial system and the concept of double materiality.
  • Reference Frameworks: TCFD and TNFD Recommendations.
  • Disclosure Standards: SASB Standards and Integrated Reporting Framework.
  • Disclosure Standards: ISSB S1 & ISSB S2 Exposure Drafts.
  • International regulations: regulatory requirements in the world.
  • Sustainability tools for the financial system: PCAF.
  • Sustainability tools for the financial system: SBT.
  • Greenwashing.

Module 4: Criteria for green investment and financing: Capital mobilization instruments:

  1. Financial instruments:
    • Principles of labeled bonds according to ICMA and CBI.
    • Indices and Funds.
    • Principles of credits labeled according to LMA.
  2. State of the global and Latin American market in capital mobilization.
  3. Integration of ESG factors in the construction of a strategy for a credit portfolio or an investment portfolio.

Module 5: Monitoring and evaluation of the Nationally Determined Contribution (NDC):

  1. Climate change and its financial implications Carbon price mechanisms and models.
  2. Physical and transition climate risks.
  3. Stranded assets: Integration of weather risks in credit, operational, market and liquidity risk profiles.
  4. Analysis of climatic scenarios.

The methodology integrates a variety of learning styles, applying a multimodal approach to the design of content in text and video format, through support, audiovisual and bibliographic materials.

The hybrid course will be taught by the Mexican Council for Sustainable Finance (CMFS), in partnership with the Center for Technology and Permanent Education (TEP-INICIA) of PUCMM.

The facilitators are:

  • Alba Aguilar.
  • Carlos Torres.
  • Daniela Nysen.
  • Eduardo Piquero.
  • Louis Vidal.
  • Nelly Neck.

This course will be sponsored by the Latin American Association of Financial Institutions for Development (ALIDE), and the "Alejandro E. Grullón E." Sustainability Chair, of the Pontificia Universidad Católica Madre y Maestra (PUCMM) and the Popular Foundation.
Includes: registration, support materials, and certificate of participation.
Transportation and per diem costs (if applicable) are borne by the participants.

To qualify for the certificate, you must attend the face-to-face class, listen to the recordings of the asynchronous classes, and obtain a minimum grade of 70 in the final evaluation of the course.

This course is an introductory program aimed mainly at officials and participants in the financial system, with the intention of provoking transformation and decision-making in the various work areas of the participating institutions.

It is a civil association representative of the Mexican financial system that promotes the best practices in sustainable finance, capacity building, the articulation of agendas for each sector and the mobilization of capital that allows the transformation of the market. The CMFS is made up of more than 90 senior executives who currently represent more than 300 institutions with assets under their administration equivalent to 25% of our country's GDP. The CMFS works with the objective of promoting dialogue between various actors and financial unions to promote sustainable financing for assets and projects that generate positive impacts on the environment and society. Likewise, it seeks to create awareness of the need to identify, quantify and manage new opportunities and financial risks related to environmental, social and corporate governance (ASG) factors. /

Sponsored by the Popular Foundation and the Pontificia Universidad Católica Madre y Maestra (PUCMM), it is a pioneering academic initiative in the country, with the aim of providing Dominican companies and institutions with the necessary knowledge and tools to integrate sustainable and socially responsible action models. , that guarantee a balanced development of the Dominican Republic. Edificio Padre José Luis Alemán, S.J. Av. Simón Bolívar #1108, Ensanche La Julia Santo Domingo, DN - República Dominicana Tel: +1-809-535-0111, ext. 2505

CENTRO DE TECNOLOGÍA Y EDUCACIÓN PERMANENTE: Initiative promoted by PUCMM and INICIA Education, in a strategic alliance to expand the offer of Higher Technical education, courses and training as it contributes to the development of competitiveness in professionals and public and private institutions. This alliance aims to strengthen and position the TEP, guaranteeing technical quality and a relevant curriculum, adjusted to the present and future needs of the Dominican Republic. Av. Abraham Lincoln, esq. Av. Bolívar Edif. Facultades de Ciencias de la Salud y Ciencias e Ingeniería, sexto piso Tel: +1-809-723-8911; 809-723-9384