Global Association of Risk Professionals (GARP) is a premier global professional organisation dedicated to advancing the practice of risk management. Established to provide risk professionals with comprehensive education and resources, GARP’s main focus is to foster a culture of risk awareness and enhance the skills of individuals in the risk management field.
The key goals of GARP are to provide high-quality education, certification, and networking opportunities to its members. By offering globally recognised programs such as the Financial Risk Manager (FRM) and Energy Risk Professional (ERP) certifications, GARP aims to set the standard for risk management practices worldwide. These certifications are designed to equip professionals with the necessary knowledge and skills to excel in various areas of risk management.
GARP’s structure includes a diverse range of resources and services for its members. The organisation offers a wide array of educational programs, from foundational courses to advanced risk management training. Additionally, GARP provides a platform for risk professionals to connect, share insights, and stay updated on industry trends through events, webinars, and publications.
In terms of sustainable finance, GARP plays a significant role by incorporating sustainability considerations into its risk management education and research. The organisation recognises the importance of environmental, social, and governance (ESG) factors in risk management and aims to integrate these elements into its training programs and resources. This helps finance professionals understand the relevance of ESG issues and their impact on financial stability and risk assessment.
GARP also provides practical tools and resources, including risk management frameworks, research reports, and industry-specific insights. Its research focuses on a wide range of topics, including market risk, credit risk, operational risk, and regulatory changes. These resources are invaluable for professionals seeking to stay informed about the latest developments and best practices in risk management.