GARP (USA)
SCR — Sustainability and Climate Risk Certificate
Market scope
Climate risk and sustainable finance — one of the fastest-growing areas as RBI, SEBI (BRSR) and global regulators push climate-risk disclosure. Banks, consulting firms, regulators and corporate sustainability teams. Works as a primary for sustainability roles and as an add-on to FRM, CFA, CMA or ACCA.
Cost: ≈ ₹70,000–1 lakh (US$650–750 exam + prep)Pass rate: ≈ 53–56%Difficulty: Finishable within a year, fair pass rate
Reality check
- Official fees
- ₹52k–₹72k
- Single registration fee — USD 550–750 by GARP membership and early/standard timing (2026), including the GARP Learning curriculum; retake USD 350
- Months to complete
- 3–6
- Pass rate
- ≈53% (April 2026); five-year average ≈56%
- Training
- None mandatory
- None
Recommend when: Climate risk in banks, insurers and consulting; a short add-on to an existing base
Hold back when: As a first credential with no finance base
Official fees in INR (registration, exams, membership — coaching excluded), realistic months including any mandatory training, and the awarding body's published pass rate. Verify with the awarding body before you register.
- Who it is for
- Anyone who wants climate-risk and sustainable-finance roles, or to add sustainability to a risk, reporting or investment career.
- Structure
- 1 exam · 80 MCQs + 1 case study · 4 hours. Topics: foundations of climate change, sustainability, climate change risk, policy and governance, green and sustainable finance, climate risk measurement and management, scenario analysis, net zero, nature risk, transition planning and carbon reporting.
- Eligibility
- None — no degree or experience required.
- Duration
- 3–4 months (100–150 study hours).
- Exam windows
- April and October; online proctoring available.
- Experience requirement
- None.
- What comes next
- FRM for risk depth; CFA Certificate in ESG Investing for investment roles; US CMA or ACCA for sustainability reporting.
Facts last reviewed: 2026-10-23