Revitalising Coffee Production in Indonesia: A Sustainable Value Chain Approach Insights Published 17 September 2025 By Prof John Lee Indonesia’s coffee legacy runs deep, yet its smallholder farmers who produce much of its beans face rising economic pressures. Increasing input costs, stagnant bean prices and climate disruptions have already narrowed thin margins. Even in premium segments like organic coffee, returns remain low, a familiar trend among many undifferentiated agro commodities. To address this, sustainable transformation must go beyond conventional methods. Regenerative farming, supported through local advisory services, helps farmers build drought resilience and reduce dependence on costly chemical inputs. Equally vital is farmer aggregation- organising smallholders to collectively purchase inputs and improve post-harvest processes. This empowers them to negotiate for better prices and limit the influence of profit-draining middlemen. Despite their central role, farmers capture only a small share of coffee’s retail value. For instance, a single café cup priced at SGD $6 yields just 8% ($0.50) back to the producer. This imbalance shows the need for stronger upstream models. In Lampung Barat, Southern Sumatra, our consultancy partnered with coffee growers to explore higher-value market linkages. By facilitating direct connections with food and beverage (F&B) outlets, encouraging contract farming and advancing brand storytelling rooted in place and people, we sought to help agro producers move up the value chain. This strategy is replicable across various agro sectors, from rice to corn, and helps stabilise incomes while enhancing product quality and its origin. Indonesia’s coffee story is an example of global agro-commodity challenges. To ensure equity and sustainability at its origin, interventions must be holistic, which combines innovation, collective action and a purposeful branding. Let us reimagine supply chains where agro producers are empowered partners, not just suppliers. 📩 Interested in building sustainable value chains? 💬 Talk to Us

We build competencies and capacity to turn sustainability knowledge into meaningful, measurable change. Becoming a Trusted Guide in the Carbon Economy! The integrity of carbon markets depends on people — those who understand the technical systems, honour local contexts, and act with clarity and conscience. The Carbon Market Practitioner Pathway equips changemakers to become credible actors across the carbon project lifecycle. Whether you are supporting your community to benefit from carbon finance, advising institutions, or managing climate projects, this pathway helps you build the core capabilities and confidence to work in one of the world’s fastest-evolving sectors. Corporate Training Packages available for organisations looking to upskill teams. Contact Us Fundamental of Carbon Markets Carbon markets are an essential tool in the global response to climate change. This module introduces the core concepts, systems, and actors that shape how carbon credits are generated, traded, and used. Course Outline: The origins and evolution of carbon markets The difference between voluntary and compliance markets Key terms and concepts: credits, offsets, registries, and standards The role of carbon markets in climate finance and net zero strategies How carbon markets intersect with sustainable development goals What You Will Learn: ✅ Define how carbon markets function and why they matter ✅ Distinguish between market types and players ✅ Navigate common terminology and frameworks ✅ Recognise the opportunities and limitations of carbon markets today Duration: 4 hours (Self-paced) Access The Course Climate Science Carbon Accounting Article 6 of the Paris Agreement Article 6 of the Paris Agreement opens the door to international carbon cooperation. This module dives deep into how Article 6 mechanisms work, with a focus on implications for countries, developers, and the integrity of emissions reductions. Course Outline: The structure and purpose of Article 6.2 and 6.4 How cooperative approaches and ITMOs (Internationally Transferred Mitigation Outcomes) operate Governance, transparency, and reporting obligations What Article 6 means for host countries, NDCs, and corresponding adjustments Opportunities and risks for project developers in emerging Article 6 markets What You Will Learn: ✅ Explain the significance of Article 6 in international climate policy ✅ Identify the key actors and responsibilities under each mechanism ✅ Understand how to position a project or jurisdiction for Article 6 participation ✅ Critically assess the trade-offs and safeguards involved Duration: 6 hours (Self-paced + Case Studies) Access The Course Carbon Market Carbon Project Development Behind every carbon credit is a project — and developing one requires both technical rigour and community insight. This module walks through the carbon project lifecycle, from design to issuance. Course Outline: Common project types: forestry, renewable energy, waste, cookstoves, and more How to set baselines, demonstrate additionality, and apply MRV protocols Navigating leading standards such as Verra and Gold Standard How to engage communities and apply safeguards meaningfully Challenges in project validation, verification, and registry processes What You Will Learn: ✅ Map out the key stages of carbon project development ✅ Apply core project development principles to real examples ✅ Understand what makes a project eligible, additional, and measurable ✅ Engage stakeholders in a way that builds trust and long-term benefit Duration: 15 hours (Self-paced + Industry Case Studies) Access The Course Agroforestry Carbon Market Risks, Governance & Ethics As carbon markets scale, so do the risks. This module explores how to build integrity into systems and decisions — from institutional governance to social safeguards. Course Outline: Risks of double counting, leakage, non-permanence, and over-crediting Governance models at project, national, and international levels Ethical considerations in carbon trading and project development The importance of transparency, consent, and justice How to recognise and prevent greenwashing What You Will Learn: ✅ Identify the key risks that undermine carbon market credibility ✅ Analyse governance structures for strengths and gaps ✅ Understand the ethical responsibilities of market participants ✅ Make informed decisions that prioritise trust, equity, and impact Duration: 15 hours (Self-paced + Practical Exercises) Access The Course Resource Mgmt Sustainable Resource Management Develop expertise in circular economy principles, waste management, water conservation, and energy efficiency for sustainable resource management. Course Outline: Circular economy principles and applications Sustainable waste management and recycling strategies Water conservation and responsible water use policies Renewable energy integration for resource efficiency Corporate sustainability case studies What You Will Learn: ✅ Understand circular economy principles and sustainable resource use ✅ Learn how to implement water and waste management strategies ✅ Explore corporate sustainability initiatives in resource conservation Duration: 5 hours (Self-paced + Case Studies) Access The Course Climate Risk Climate Risk & Resilience Assess physical, transition, and financial risks associated with climate change and develop resilience strategies for businesses, cities, and communities. Course Outline: Understanding climate risk categories (physical, transition, liability) Risk assessment methodologies and climate scenario analysis Strategies for climate adaptation and corporate resilience Case studies on climate risk management in financial and corporate sectors What You Will Learn: ✅ Learn how to identify and assess climate risks ✅ Develop climate resilience strategies for businesses and communities ✅ Understand financial risks linked to climate change Duration: 6 hours (Self-paced + Risk Assessment Tools) Access The Course Climate Scenario Climate Models & Scenario Analysis Explore predictive climate models and scenario analysis used in policy, finance, and corporate sustainability planning. Course Outline: Introduction to climate models and forecasting IPCC scenario analysis & applications Financial sector integration of climate risk modeling Case studies: Climate risk models in corporate strategy What You Will Learn: ✅ Understand how climate models predict future climate impacts ✅ Learn how businesses use climate scenario analysis ✅ Explore financial and policy applications of climate modeling Duration: 6 hours (Self-paced + Scenario Planning) Access The Course Transition Planning Transition Planning & Carbon Reporting Learn how companies plan their climate transition, align with TCFD reporting, and integrate carbon disclosures into ESG strategies. Course Outline: Principles of climate transition planning Aligning corporate strategy with net-zero targets Carbon disclosure frameworks Case studies: Corporate carbon transition plans What You Will Learn: ✅ Learn how to develop and implement transition plans ✅ Understand how corporations disclose carbon risks and performance ✅ Explore best practices for carbon-related financial reporting Duration: 5 hours (Self-paced + Practical Reporting Exercises) Access The Course

At Terrama, we build competencies and capacity to turn sustainability knowledge into meaningful, measurable change. Educate. Empower. Elevate. Turning Knowledge Into Meaningful Impact Get Started Learn More Servics The Terrama Approach Sustainability is not just about doing what is right—it’s about what works. At Terrama, we don’t just teach sustainability—we build competencies and deliver strategic consultancy to drive real, systemic change. As a sustainability consultancy and learning platform focused on emerging markets, we combine strategic advisory with education to equip individuals and organisations to embed sustainability into their decisions, operations, and culture. Our proprietary 3H1M methodology, grounded in UNESCO Education for Sustainable Development (ESD) key competencies, integrates: Head (Knowledge) – Building a strong theoretical foundation to inform sustainability decisions. Heart (Mindset) – Cultivating systems thinking and the mindset to lead transformation. Hands (Skills) – Developing the practical skills needed to apply sustainability in real-world contexts. Impact (Measurable Outcomes) – Ensuring that learning leads to tangible, long-term sustainability results. Through expert-led programmes, hands-on learning, and industry partnerships, we equip change-makers to lead with purpose, improve ESG performance, and create lasting impact. Wherever you are on your sustainability journey, Terrama transforms learning into action, shaping leaders who drive meaningful and measurable change. Our Core Focus Areas: Carbon Markets Credible climate action through capacity, integrity, and co-benefits. Sustainable Finance Empowering capital to serve climate, nature, and society. Responsible Reporting Crafting sustainability narratives with clarity, conscience, and connection.

We build competencies and capacity to turn sustainability knowledge into meaningful, measurable change. Our Consultancy Services At Terrama, we offer tailored sustainability consultancy services and solutions to meet evolving challenges. By integrating expertise across carbon markets, finance, and communications, we drive innovation and deliver lasting impact. 1. Carbon Markets & Decarbonisation Design and implement high-integrity carbon strategies and projects that align with international standards. Project Design & Development We guide you through the full carbon project lifecycle—from feasibility and high-integrity credit design in voluntary and compliance markets to navigating Article 6 mechanisms under the Paris Agreement. Risk, Governance & Ethical Assurance Ensuring environmental integrity and stakeholder trust through robust risk evaluation, governance frameworks, ethics due diligence, and transparency protocols. Article 6 & Compliance Solutions Support for navigating UNFCCC mechanisms—transactional structures, tracking systems, international co‑operation—to unlock access to high‑integrity offsetting and trading. 2. Sustainable Finance Our team enables access to green finance and helps you assess and respond to climate-related financial risks and opportunities through robust strategy, risk analysis, and ESG integration. ESG Strategy & Integration We help your organisation develop and embed Environmental, Social, and Governance (ESG) factors into their financial strategies, risk management, and investment decisions. Sustainable Finance Policy and Regulatory Advisory We support you in navigating the fast-evolving landscape of sustainability-related financial regulation so as to ensure compliance while positioning your organisaiton as a sustainability leader. Climate Risk & Resilience We help you assess the financial impact of climate change on your operations and investments, and build climate-resilient strategies as well as comply with emerging risk disclosure requirements. 3. Responsible Marketing & Reporting We ensure your sustainability claims and communications are accurate, transparent, and aligned with global standards—mitigating reputational risk and strengthening stakeholder confidence. Responsible Communication Strategy Crafting ESG narratives and sustainability campaigns that reflect authentic values and foster stakeholder trust. We apply responsible marketing principles to avoid greenwashing, emphasising credibility through transparency. Education & Competency Building We equip your teams via tailored workshops and “Head, Heart, Hands, Impact” learning experiences to internalise sustainability principles, and embed them into marketing, investor relations, and external disclosures. Stakeholder Engagement & Assurance Facilitating meaningful dialogue—through ethics, human rights and materiality mapping—paired with third-party validation and adherence to global frameworks (UNGC, AA1000, AA1000AS). 4. Life Cycle Assessment (LCA) We support your organisation in understanding the environmental impact of products and services through Life Cycle Assessment (LCA). Our approach integrates science-based analysis with practical insights to guide design, procurement, and policy decisions towards lower-impact outcomes. Product & Service Footprinting Quantifying carbon, water, and resource footprints across the entire product or service lifecycle—from raw materials to end-of-life in alignment with ISO 14040, 14044, and 14067 standards. Sustainable Procurement Advisory Applying LCA findings to strengthen procurement criteria, supplier selection, and life cycle-based purchasing decisions in alignment with ISO 20400 sustainable procurement guidelines. LCA Training & Capacity Building Equipping teams with LCA literacy and tools through hands-on workshops tailored to your sector and sustainability goals.

We build competencies and capacity to turn sustainability knowledge into meaningful, measurable change. NEWS & INSIGHTS News & Insights Shaping the Dialogue on Green Transition 9 Jun 2026 Is Your Sustainability Strategy Optimizing The Wrong System? For years, sustainability has been framed as a performance problem. Reduce emissions. Improve efficiency. Hit targets. Publish results. All checked and accounted for. By many measures, progress looks encouraging. 7 Jan 2026 Terrama Joins Gelephu Mindfulness City (GMC) to develop Bhutan’s Green Finance Hub Terrama joins the Gelephu Mindfulness City (GMC) to support the development of a green finance hub. Terrama strives to contribute to GMC's growth through two pathways - strengthening local competencies aligned with international standards, and helping build trusted market infrastructure for sustainable real-world assets supported by credible ESG and climate disclosures. 22 Dec 2025 Why Carbon-Credit Quality Matters: Integrity, Pricing and the Future of the Voluntary Carbon Market The voluntary carbon market (VCM) is evolving rapidly, shifting from a focus on volume toward one where integrity and transparency are central. Prices for carbon credits now range from a few dollars to several hundred dollars per tonne, reflecting large differences in project quality, risk, and perceived climate impact. 17 Sep 2025 Revitalising Coffee Production in Indonesia: A Sustainable Value Chain Approach Indonesia’s coffee legacy runs deep, yet its smallholder farmers who produce much of its bean’s face rising economic pressures. Increasing input costs, stagnant bean prices and climate disruptions have narrowed thin margins. Even in premium segments like organic coffee, returns remain low, a familiar trend among many undifferentiated agro commodities.

We build competencies and capacity to turn sustainability knowledge into meaningful, measurable change. Client Impact Terrama’s 3H1M framework is at the heart of our approach, ensuring sustainability principles are understood, applied, and scaled for systemic impact. With deep expertise and a personalised, outcomes-driven method, we deliver solutions tailored to each client’s goals—whether embedding sustainability into culture or supporting credible sustainability reporting. We offer a flexible mix of strategic advice, reporting support, training, and assurance, adapted to each stage of the sustainability journey. By applying the 3H1M model, we equip individuals and teams with practical skills, a transformative mindset, and the tools to lead meaningful, lasting change. Some of our client projects include: Systems Leadership for Sustainability A learning experience designed to build the leadership capabilities needed to integrate sustainability goals with institutional transformation, equipping participants to lead responsibly in complex, evolving systems. 3H1M Application: Head (Knowledge): Establish a solid foundation in systems thinking and sustainability strategy, rooted in Bhutan’s development vision and global frameworks. Heart (Mindset): Develop values-based, emotionally intelligent leadership to lead change with purpose, equity, and long-term thinking. Hands (Skills): Gain practical tools to implement sustainability-aligned practices in academic, policy, or organisational contexts. Impact: Strengthen institutional and cross-sector capacity for systemic, measurable change, with outcomes embedded in institutions' strategic goals and Bhutan’s national sustainability priorities. Green Taxonomy Made Operational A programme designed to build foundational and applied capabilities in green finance and taxonomy, equipping participants to lead sustainability integration and institutional transformation. 3H1M Application: Head (Knowledge): Deepen understanding of green finance and taxonomy frameworks through foundational sessions. These anchor global sustainability concepts within localised contexts. Heart (Mindset): Instil purpose-driven thinking and collaborative activities which connect technical content to individual and departmental purpose. Hands (Skills): Develop practical competencies, enabling participants to apply tools and frameworks directly to their institutional context. Impact: Strengthen institutional capacity for sustainability integration by aligning taxonomy understanding with actionable department plans and clear next steps. Green Leadership for Resilient Organisations A capacity-building programme held in Medan, Indonesia, designed to strengthen the competencies of educators and institutional leaders in embedding sustainability within teaching and practice. The workshop bridged systems thinking tools with the principles of Education for Sustainable Development to cultivate green leadership and foster long-term, values-driven transformation in their institution. 3H1M Application : Head (Knowledge): Build understanding of systems thinking as a foundation for sustainability education. Heart (Mindset): Nurture purpose-driven, reflective leadership among educators to champion sustainability with empathy, collaboration, and ethical intent. Hands (Skills): Apply systems tools and participatory methods to integrate sustainability themes across curricula and institutional initiatives. Impact: Enhance institutional capacity to design and deliver education that shapes responsible, sustainability-minded citizens and supports Indonesia’s broader sustainability goals. Sustainability Leadership for Conservation A programme designed to develop the skills needed for implementing sustainable practices that balance conservation goals with operational efficiency for an orang utan sanctuary. 3H1M Application : Head (Knowledge): In-depth training on sustainable conservation strategies that balance environmental goals with operational efficiency. Heart (Mindset): A leadership-driven commitment to integrating conservation efforts with business operations. Hands (Skills): Practical competencies in implementing conservation-aligned business practices within organizations. Impact: Strengthened capacity for systemic change by embedding conservation into long-term strategic planning Circular Economy Approaches to Food Waste A programme dedicated to repurposing food waste into new resources, emphasising upcycling and the creation of sustainable value chains for a tourism island. 3H1M Application : Head (Knowledge): Education on circular economy principles and sustainable value chains. Heart (Mindset): Cultivating an innovation-driven sustainability culture in waste management. Hands (Skills): Practical application of upcycling food waste into new resources and value-added products. Impact: Enabling a system-level shift toward regenerative food systems and waste reduction. Renewable Energy Policy and Sustainable Finance for SMEs A course designed to offer an accessible introduction to renewable energy regulations, incentives, and financing tools, enabling businesses to align sustainable practices with economic viability and unlock renewable energy opportunities. 3H1M Application : Head (Knowledge): Insights into renewable energy policies, incentives, and regulatory frameworks. Heart (Mindset): A proactive approach to integrating sustainable energy solutions within SMEs. Hands (Skills): Tools and methodologies for aligning business models with renewable energy opportunities. Impact: Driving widespread adoption of renewable energy practices in the SME sector. Sustainable Sourcing Fundamentals An introduction to the principles of sustainable sourcing, covering key concepts, market drivers, and best practices, with a focus on the ISCC PLUS standards and certification processes for agriculture supply chains. 3H1M Application : Head (Knowledge): Understanding key concepts, market drivers, and ISCC PLUS certification for sustainable sourcing. Heart (Mindset): Commitment to ethical sourcing and responsible procurement practices. Hands (Skills): Practical training in certification processes for agricultural supply chains. Impact: Strengthening supply chain resilience through sustainable sourcing strategies. Sustainable Compliance in Used Cooking Oil Processing Verification of Used Cooking Oil (UCO) traceability and compliance, ensuring proper record-keeping, on-site inspections, and mass balance audits, with a focus on identifying risks, recommending corrective actions, and enhancing transparency for sustainable biofuel certification. 3H1M Application: Head (Knowledge): Guidelines on UCO traceability, compliance, and international certification standards. Heart (Mindset): Emphasising the importance of transparency and accountability in biofuel certification. Hands (Skills): Training in record-keeping, on-site inspections, and mass balance audits. Impact: Enhancing supply chain integrity and ensuring regulatory compliance for biofuels.

Exam Registration and Prep Courses for Sustainability Credentials Earn Globally Recognised Sustainability Credentials Advance your career with leading certifications in climate risk, ESG analysis, and sustainability disclosure. Terrama’s specialised exam preparation programmes are designed for high pass rates, equipping professionals with the practical skills to apply sustainability data to valuation, risk analysis, and corporate performance. EFFAS Certified Climate Risk Analyst® (ECRA) The ECRA programme equips professionals with the analytical frameworks to identify, assess, and integrate climate-related risks—including physical and transition risks—into investment analysis, risk management, and strategic decision-making. Read More EFFAS Certified ESG Analyst® (CESGA) CESGA is a globally recognised qualification designed for investment professionals seeking to integrate ESG factors into investment analysis and portfolio management. Read More GARP’s Sustainability and Climate Risk ( SCR®) The SCR® certificate provides a structured framework for understanding how climate change and sustainability factors influence financial risk. Read More ISSB – IFRS Sustainability Standards (S1 & S2) The FSA Credential, developed by the IFRS Foundation, equips professionals with the knowledge required to understand and apply IFRS Sustainability Disclosure Standards, including IFRS S1 and IFRS S2, in sustainability-related financial reporting and disclosure. Read More EFFAS Certified Climate Risk Analyst® (ECRA) Available in Bhutan and Indonesia The EFFAS Certified Climate Risk Analyst® (ECRA) programme, developed by the European Federation of Financial Analysts Societies (EFFAS) in collaboration with Marsh McLennan, equips participants to drive sustainable strategies, enhance resilience, and prepare for leadership in a rapidly changing economic and regulatory environment. Module 1. Climate change science Module 2. Policies, regulations and sector-specific initiatives in response to climate change Module 3. Climate risk identification and modelling Module 4. Climate risk financial impact quantification Module 5. Climate Opportunities Module 6. Net Zero and adaptation plans Module 7. Economic effects of climate-related risks Module 8. Sustainable finance Module 9. Climate risk and asset classes The programme is designed for a diverse range of professionals seeking to understand and manage climate risks in the financial and business sectors: Risk Managers aiming to incorporate climate risks into investment decisions and ensure asset resilience against extreme weather events. Financial Analysts seeking to enhance models by integrating climate risk exposure factors; ESG Fund Managers looking to deepen their understanding of climate-related financial dynamics. Environmental Engineers and Technicians managing natural resources, infrastructure, or climate change mitigation and adaptation projects or designing projects with climate considerations. Business Owners and Sustainability Managers seeking to integrate climate risks into supply chains and operations to mitigate financial exposure. Risk and Sustainability Consultants assisting companies and governments in understanding and addressing the impacts of climate change on operations, resources, and supply chains. Exam Registration and Preparation with Terrama Register with us to sit for the EFFAS ECRA® examination, and benefit from Terrama’s specialised exam preparation programme designed to maximise pass rates and practical climate risk analysis competency. Fees: Exam fee: €1,500 Preparation course: Contact Us for details Download e-brochure Book Prep Course Register for Exam EFFAS Certified ESG Analyst® (CESGA) Available in Bhutan and Indonesia The CESGA is a comprehensive programme structured in 9 Modules. The first eight are dedicated to the theoretical discussion. Module nine presents two case studies requiring the application of the knowledge acquired in the previous modules. Module 10 has complimentary content on the APAC region. Module 1. Recent Developments in ESG integration Module 2. Regulatory environment Module 3. ESG-Strategies Module 4. Responsible investing across asset classes Module 5. ESG Reporting Module 6. ESG Integration in the investment process Module 7. ESG Integration in fundamental research (Qualitative analysis) Module 8. ESG Integration in fundamental research (Quantitative analysis) Module 9. Case study – ESG integration in the investment decision & climate change Module 10. ESG Regional Developments: The programme is ideal for a range of professionals seeking to elevate their expertise in ESG data integration: Primarily targeted at financial analysts and portfolio managers who want to embed ESG considerations into their capital allocation processes ESG Assurance specialists, ESG Consultants, and Audit professionals to meet the rising demand for transparent, robust ESG reporting. Corporate sustainability officers, investor relations professionals, and auditors to enhance understanding of capital market requirements in ESG disclosure and compliance. Exam Registration and Preparation with Terrama Register with us to sit for the EFFAS CESGA® examination, supported by Terrama’s focused exam preparation course to help candidates master ESG analysis and succeed in the certification. Fees: Exam fee: €1,500 Preparation course: Contact Us for details Download e-brochure Book Prep Course Register for Exam GARP’s Sustainability and Climate Risk ( SCR®) The SCR ® certificate, developed by the Global Association of Risk Professionals (GARP), provides a structured approach to understanding how sustainability and climate change influence financial risk, regulation, and market behaviour. Programme Modules Module 1: Foundations of Climate Change Module 2: Sustainability Core concepts Module 3: Climate Change Risk: Physical and transition risks Module 4: Sustainability and Climate Policy, Culture, and Governance Module 5: Green and Sustainable Finance Module 6: Climate Risk Measurement and Management Module 7: Climate Models and Scenario Analysis Module 8: Net Zero: Understanding carbon neutrality goals Module 9: Climate and Nature Risk Assessment Module 10: Transition Planning and Carbon Reporting The programme is designed for professionals who need to understand and manage climate-related risks in financial and corporate decision-making: Risk Management Professionals who want to specialize in assessing risks associated with climate change. Sustainability Professionals who want to take their expertise in climate science, risk management, and sustainable finance to the next level. Corporate Professionals who need to understand sustainability and climate risk, such as those in corporate strategy, operations, technology, supply chain management, and legal roles. Career Pivoters looking to shift into sustainability-focused roles. Early Career Professionals/Students seeking a competitive edge in sustainability and risk management. Exam Preparation with Terrama Prepare for the GARP SCR® certification with Terrama’s specialised exam preparation course designed to strengthen understanding, reinforce key concepts, and maximise your chances of passing the examination. Fees Exam fee: US$750 Preparation course: Contact Us for details Download Candidate Guide Book Prep Course Register for Exam FSA Levels I & II (IFRS Sustainability Disclosure) The FSA Credential, developed by the IFRS Foundation to support adoption of the International Sustainability Standards Board (ISSB) standards, provides professionals with the knowledge required to understand sustainability-related financial disclosures. The following modules to prepare candidates for the exams: The current state of ESG disclosures Key differences between main frameworks SASB Standards – Identifying the use of Standard, Omissions, Reporting Boundaries, Reporting format, and Assurance IFRS S1 General Requirements Standard IFRS S2 Climate Standard Sustainability Reporting Process Case studies and best practices Quiz Games The credential combines two exams to assess professional expertise in the materiality of sustainability information for corporate performance and investment analysis. After passing Level I, candidates are identified as an “FSA Level II Candidate.” After passing Level II, candidates become an “FSA Credential Holder.” Exam Preparation with Terrama Register for the FSA Level I, II exams with the IFRS Foundation and strengthen your readiness through Terrama’s specialised exam preparation programme. Fees Level I: US$450 (non-IFRS members fee ) Level II: US$650 (non-IFRS members fee ) Preparation course: Contact Us for details Download e-brochure Book Prep Course Register for Level I Exam Register for Level II Exam

We build competencies and capacity to turn sustainability knowledge into meaningful, measurable change. School of Sustainable Finance The School of Sustainable Finance empowers finance learners to integrate ESG considerations, climate risk, and impact finance into decision-making. Our courses guide leaders through taxonomies, climate finance regulations, and sustainability-linked investments—equipping them with strategies that maximise returns, minimise costs, and reduce risks to support a sustainable, just transition. Understand the fundamentals of sustainable finance, ESG integration, and impact investing. Foundations of Sustainable Finance Read More Learn how to assess ESG risks and opportunities in investment decision-making. ESG Risk Assessment & Financial Integration Read More Gain insights into sustainable investing approaches (e.g., negative/exclusionary screening, best-in-class selection, thematic investing). Sustainable Investment & Impact Finance Read More Understand how financial institutions integrate ESG factors into credit risk analysis and lending decisions. Sustainable Corporate Finance & Lending Read More Explore financing mechanisms for climate action, decarbonisation, and just transition. Climate & Transition Finance Read More Understand global sustainable finance taxonomies, including EU Taxonomy, ASEAN, and Singapore's Green Finance Framework. Taxonomies & Regulatory Frameworks Read More Foundations of Sustainable Finance This course introduces the fundamentals of sustainable finance, including ESG investing, green financial instruments, and impact measurement. Course Outline: Principles of sustainable finance & ESG investing Types of sustainable financial products (green, social, and sustainability-linked bonds & loans) Role of financial institutions in climate action & sustainable development Overview of impact finance and blended finance What You Will Learn: ✅ Understand the fundamentals of sustainable finance and ESG investing ✅ Learn about green bonds, sustainability-linked loans, and social finance ✅ Identify key players and regulations shaping sustainable finance Duration: 3 hours (Self-paced) Access The Course ESG Risk Assessment & Financial Integration Explore how ESG risks impact financial performance and learn how investors integrate sustainability factors into valuation and risk management. Course Outline: ESG risks in credit, market, and operational risk frameworks Materiality of ESG risks in financial decision-making ESG ratings, scoring methodologies, and portfolio integration Case studies: ESG risk management in asset management & banking What You Will Learn: ✅ Assess ESG risks and their impact on financial stability ✅ Understand how banks, investors, and insurers evaluate ESG risks ✅ Apply ESG risk assessment methodologies in financial analysis Duration: 6 hours (Self-paced + Case Studies) Access The Course Carbon Credits Impact Finance Sustainable Investment & Impact Finance Learn responsible investment strategies, including thematic investing, ESG integration, and impact measurement for financial institutions. Course Outline: ESG investing strategies (exclusionary screening, best-in-class, thematic, impact investing) Measuring impact: SDG alignment, ESG KPIs & reporting Role of PRI (Principles for Responsible Investment) and fiduciary duty Case studies: Sustainable funds & ESG portfolio construction What You Will Learn: ✅ Differentiate between sustainable investing strategies ✅ Learn how to measure and report ESG impact in financial investments ✅ Understand regulatory expectations for ESG funds and disclosures Duration: 6 hours (Self-paced + Case Study Analysis) Access The Course Transition Finance Green & Transition Finance Understand how green and transition finance drive decarbonisation, including green bonds, transition bonds, and climate-linked financial instruments. Course Outline: Understanding Green & Transition Finance Frameworks EU Taxonomy & ASEAN Taxonomy for Sustainable Finance Sustainability-linked instruments: bonds, loans & investment vehicles Role of central banks & policy incentives in green finance What You Will Learn: ✅ Learn the fundamentals of green and transition finance ✅ Understand how taxonomies impact sustainable financial markets ✅ Explore how sustainability-linked financial instruments work Duration: 5 hours (Self-paced + Practical Exercises) Access The Course Sustainable Corporate Finance & Lending Understand how financial institutions integrate ESG into lending decisions, including sustainability-linked corporate financing. Course Outline: ESG in corporate credit risk and lending Sustainability-linked loans & bonds Corporate finance strategies for ESG-driven businesses Case studies: How banks assess ESG risks in lending What You Will Learn: ✅ Understand how ESG factors influence corporate lending ✅ Learn about sustainability-linked loans and risk-adjusted financing ✅ Gain insights into corporate ESG integration strategies Duration: 5 hours (Self-paced + Practical Exercises) Access The Course Taxonomies & Regulatory Frameworks Understand global sustainable finance taxonomies and regulatory frameworks, including EU Taxonomy, SFDR, SEC ESG disclosures, and ASEAN regulations. Course Outline: Overview of EU Taxonomy, ASEAN Taxonomy, SFDR, and SEC ESG rules How taxonomies classify sustainable vs. non-sustainable activities The role of regulators, central banks, and financial institutions Compliance strategies for financial institutions & corporations What You Will Learn: ✅ Understand global sustainable finance taxonomies & their classifications ✅ Learn how regulatory trends impact sustainable finance ✅ Gain insights into sustainability disclosures for financial institutions Duration: 5 hours (Self-paced + Regulatory Deep Dive) Access The Course

We build competencies and capacity to turn sustainability knowledge into meaningful, measurable change. School of Responsible Reporting & Systems Thinking The School of Responsible Reporting & Systems Thinking supports sustainability and communications practitioners to engage deeply with the process behind the report — cultivating awareness, discernment, and systems thinking in how we gather, interpret, and share sustainability information. Here, reporting becomes more than disclosure. It becomes a practice of responsible observation, relational accountability, and purposeful communication — grounded in the understanding that how we report is as important as what we report. Learn the fundamentals of sustainability reporting and explore how mindful practices applied during data collection, reflection, and decision-making can lead to more purposeful, credible, and aligned disclosures. Foundations of Responsible Reporting Read More Learn to see the forest, not just the trees. Develop the capacity to map complexity, trace root causes, and tell stories that honour the interconnected nature of people, planet, and purpose. Systems Thinking for Sustainability Communicators Read More Ground your words in wisdom. Explore how transparency, accountability, and humility shape the way we represent people, nature, and progress — and what it means to communicate with care. Ethics & Responsibility in Sustainability Communication Read More Move beyond the checklist. This module invites you to use data not just to inform, but to engage — making space for both what is measurable and what truly matters. Materiality, Metrics & Meaning Read More Learn how third-party ESG assurance and audit processes ensure credibility and compliance. Assurance & Verification of Sustainability Reports Read More Learn how to craft compelling sustainability stories using data, visuals, and narrative. ⁠An Engaging Narrative: An Integrative Verbal & Visual Approach to Storytelling Read More Foundations of Responsible Reporting Build a strong grounding in sustainability reporting while exploring how mindfulness can enhance the awareness, intentionality, and integrity behind what we choose to measure, prioritise, and disclose. Course Outline: Introduction to sustainability reporting: its purpose, evolution, and role in business Transparency and accountability as ethical foundations of reporting Key stakeholder expectations and the changing regulatory landscape Overview of global reporting frameworks (GRI, ISSB, TCFD, etc.) Integrating mindful practices in the process leading to reporting — from data gathering to decision-making and narrative framing Cultivating presence and discernment when translating information into clear, purposeful disclosure What You Will Learn: ✅ Understand the fundamentals of ESG reporting and its role in corporate strategy ✅ Identify key stakeholders and their evolving expectations around disclosure ✅ Recognise major sustainability reporting frameworks and how they apply in context ✅ Apply mindful approaches in upstream processes — such as inquiry, listening, and reflection — to enhance the integrity of your reporting ✅ Strengthen presence and intentionality in how sustainability information is shared Duration: 8 hours (Self-paced) Access The Course Systems Thinking for Sustainability Communicators Learn to communicate complexity with clarity by applying systems thinking to your reporting and storytelling approach. Course Outline: Introduction to systems thinking and feedback loops Mapping cause and effect: leverage points and unintended consequences Identifying boundaries, actors, and time scales in reporting Communicating complexity without oversimplification Using systems thinking to structure narratives and disclosures What You Will Learn: ✅ How to apply systems thinking to uncover deeper narratives in sustainability ✅ Ways to structure content that reflects real-world complexity and interdependence ✅ Tools to visualise systems and communicate relationships with clarity ✅ How to avoid siloed or fragmented communication ✅ Techniques to foster holistic and forward-looking sustainability narratives Duration: 8 hours (Self-paced + Case Studies) Access The Course Ethics and Responsibility in Sustainability Communications Explore how transparency, integrity, and equity build trust in sustainability narratives. Course Outline: Core principles of ethical reporting and transparency Recognising and avoiding greenwashing and performative disclosures Navigating dilemmas of selective truth, omission, and spin Power, representation, and voice in sustainability narratives Building trust through balanced view and honest reflection What You Will Learn: ✅ Ethical considerations when crafting sustainability reports and narratives ✅ How to identify and address common pitfalls and blind spots in communication ✅ Practices to ensure inclusivity, fairness, and accuracy ✅ A values-based framework for responsible storytelling Duration: 8 hours (Self-paced + Case Study Exercise) Access The Course Materiality Materiality, Metrics and Meaning Go beyond compliance — connect data to purpose and tell stories that reflect what truly matters. Course Outline: Understanding materiality: impact, stakeholder relevance, and risk Integrating systems thinking into materiality assessments Balancing metrics with narrative and qualitative insight Communicating uncertainty, nuance, and what’s emerging Elevating meaning through coherence and relevance What You Will Learn: ✅ How to assess and prioritise what truly matters — internally and externally ✅ The role of data in telling meaningful sustainability stories ✅ How to bring depth and context to quantitative reporting ✅ Strategies to communicate both numbers and nuance ✅ A framework for aligning metrics with impact, purpose, and trust Duration: 8 hours (Self-paced + Instructor Q&A) Access The Course Assurance & Verification of Sustainability Reports Learn the third-party assurance process for sustainability reports and explore standards like ISSA 5000, ISAE 3000, AA1000AS, and CSRD audit requirements. Course Outline: The role of ESG assurance & verification Understanding ISSA 5000, ISAE 3000, AA1000AS standards ESG auditing process & best practices Preparing for independent assurance reviews What You Will Learn: ✅ Understand the importance of third-party ESG assurance ✅ Learn how to apply ISAE 3000, AA1000AS, and CSRD audit standards ✅ Prepare sustainability reports for independent verification Duration: 8 hours (Self-paced + Expert-Led Session) Access The Course An Engaging Narrative: An Integrative Verbal & Visual Approach to Storytelling Be clear on the implications in making greenwashing claims, know the regulatory boundaries surrounding greenwashing, and be confident in representing sustainability efforts fairly. Course Outline: Foundations of storytelling in sustainability Building a compelling sustainability narrative Visual storytelling techniques Engaging stakeholders with multi-channel storytelling Workshop & application What You Will Learn: ✅ How to craft a compelling sustainability narrative aligned with corporate purpose ✅ Techniques for integrating data and qualitative storytelling ✅ Best practices for using visuals to enhance impact and engagement ✅ Strategies to ensure authenticity, credibility, and avoid greenwashing ✅ Multi-channel communication approaches to maximize stakeholder engagement ✅ Practical skills in developing and refining a sustainability report story Duration: 5 hours (Self-paced + Expert-Led Session) Access The Course

We build competencies and capacity to turn sustainability knowledge into meaningful, measurable change.

We build competencies and capacity to turn sustainability knowledge into meaningful, measurable change. School of Carbon Markets As the world accelerates its transition toward net zero, carbon markets are emerging as a vital mechanism to channel finance into climate solutions. At Terrama, we believe that a just and credible carbon market ecosystem must be built on understanding , integrity , and inclusion . The School of Carbon Markets equips learners and practitioners with the essential knowledge and competencies to engage meaningfully and ethically in this dynamic field. Whether you are a policymaker, developer, investor, or community leader, this learning journey will help you connect the dots between climate ambition, carbon finance, and real-world impact. Gain a foundational understanding of how carbon markets work, from key terms and mechanisms to their role in climate finance and sustainable development. Fundamentals of Carbon Markets Read More Explore international cooperation under Article 6, including market-based approaches, governance frameworks, and implications for project developers. Article 6 of Paris Agreement Read More Explore voluntary and compliance carbon markets, carbon pricing mechanisms, and how to develop high-integrity carbon projects. Carbon Project Development Read More Understand the risks and ethical dimensions of carbon markets, and how strong governance can ensure environmental integrity and stakeholder trust. Carbon Market Risks, Governance & Ethics Read More Learn circular economy principles, waste management, and water conservation strategies. Sustainable Resource Management Read More Assess physical, transition, and financial risks related to climate change and develop resilience strategies for businesses and communities. Climate Risk & Resilience Read More Explore predictive climate models and scenario planning for assessing long-term climate trends. Climate Models & Scenarios Analysis Read More Understand frameworks for corporate climate transition planning, including TCFD-aligned disclosures. Transition Planning & Carbon Reporting Read More Fundamental of Carbon Markets Carbon markets are an essential tool in the global response to climate change. This module introduces the core concepts, systems, and actors that shape how carbon credits are generated, traded, and used. Course Outline: The origins and evolution of carbon markets The difference between voluntary and compliance markets Key terms and concepts: credits, offsets, registries, and standards The role of carbon markets in climate finance and net zero strategies How carbon markets intersect with sustainable development goals What You Will Learn: ✅ Define how carbon markets function and why they matter ✅ Distinguish between market types and players ✅ Navigate common terminology and frameworks ✅ Recognise the opportunities and limitations of carbon markets today Duration: 4 hours (Self-paced) Access The Course Fundamental of Carbon Markets Article 6 of the Paris Agreement Article 6 of the Paris Agreement opens the door to international carbon cooperation. This module dives deep into how Article 6 mechanisms work, with a focus on implications for countries, developers, and the integrity of emissions reductions. Course Outline: The structure and purpose of Article 6.2 and 6.4 How cooperative approaches and ITMOs (Internationally Transferred Mitigation Outcomes) operate Governance, transparency, and reporting obligations What Article 6 means for host countries, NDCs, and corresponding adjustments Opportunities and risks for project developers in emerging Article 6 markets What You Will Learn: ✅ Explain the significance of Article 6 in international climate policy ✅ Identify the key actors and responsibilities under each mechanism ✅ Understand how to position a project or jurisdiction for Article 6 participation ✅ Critically assess the trade-offs and safeguards involved Duration: 6 hours (Self-paced + Case Studies) Access The Course Carbon Project Development Behind every carbon credit is a project — and developing one requires both technical rigour and community insight. This module walks through the carbon project lifecycle, from design to issuance. Course Outline: Common project types: forestry, renewable energy, waste, cookstoves, and more How to set baselines, demonstrate additionality, and apply MRV protocols Navigating leading standards such as Verra and Gold Standard How to engage communities and apply safeguards meaningfully Challenges in project validation, verification, and registry processes What You Will Learn: ✅ Map out the key stages of carbon project development ✅ Apply core project development principles to real examples ✅ Understand what makes a project eligible, additional, and measurable ✅ Engage stakeholders in a way that builds trust and long-term benefit Duration: 15 hours (Self-paced + Industry Case Studies) Access The Course Carbon Market Risks, Governance & Ethics As carbon markets scale, so do the risks. This module explores how to build integrity into systems and decisions — from institutional governance to social safeguards. Course Outline: Risks of double counting, leakage, non-permanence, and over-crediting Governance models at project, national, and international levels Ethical considerations in carbon trading and project development The importance of transparency, consent, and justice How to recognise and prevent greenwashing What You Will Learn: ✅ Identify the key risks that undermine carbon market credibility ✅ Analyse governance structures for strengths and gaps ✅ Understand the ethical responsibilities of market participants ✅ Make informed decisions that prioritise trust, equity, and impact Duration: 15 hours (Self-paced + Practical Exercises) Access The Course Resource Mgmt Sustainable Resource Management Develop expertise in circular economy principles, waste management, water conservation, and energy efficiency for sustainable resource management. Course Outline: Circular economy principles and applications Sustainable waste management and recycling strategies Water conservation and responsible water use policies Renewable energy integration for resource efficiency Corporate sustainability case studies What You Will Learn: ✅ Understand circular economy principles and sustainable resource use ✅ Learn how to implement water and waste management strategies ✅ Explore corporate sustainability initiatives in resource conservation Duration: 5 hours (Self-paced + Case Studies) Access The Course Climate Risk Climate Risk & Resilience Assess physical, transition, and financial risks associated with climate change and develop resilience strategies for businesses, cities, and communities. Course Outline: Understanding climate risk categories (physical, transition, liability) Risk assessment methodologies and climate scenario analysis Strategies for climate adaptation and corporate resilience Case studies on climate risk management in financial and corporate sectors What You Will Learn: ✅ Learn how to identify and assess climate risks ✅ Develop climate resilience strategies for businesses and communities ✅ Understand financial risks linked to climate change Duration: 6 hours (Self-paced + Risk Assessment Tools) Access The Course Climate Scenario Climate Models & Scenario Analysis Explore predictive climate models and scenario analysis used in policy, finance, and corporate sustainability planning. Course Outline: Introduction to climate models and forecasting IPCC scenario analysis & applications Financial sector integration of climate risk modeling Case studies: Climate risk models in corporate strategy What You Will Learn: ✅ Understand how climate models predict future climate impacts ✅ Learn how businesses use climate scenario analysis ✅ Explore financial and policy applications of climate modeling Duration: 6 hours (Self-paced + Scenario Planning) Access The Course Transition Planning & Carbon Reporting Learn how companies plan their climate transition, align with TCFD reporting, and integrate carbon disclosures into ESG strategies. Course Outline: Principles of climate transition planning Aligning corporate strategy with net-zero targets Carbon disclosure frameworks Case studies: Corporate carbon transition plans What You Will Learn: ✅ Learn how to develop and implement transition plans ✅ Understand how corporations disclose carbon risks and performance ✅ Explore best practices for carbon-related financial reporting Duration: 5 hours (Self-paced + Practical Reporting Exercises) Access The Course

We build competencies and capacity to turn sustainability knowledge into meaningful, measurable change. Our Academy At Terrama, we believe that credible climate and sustainability action begins with deep, practical knowledge. The Terrama Academy equips professionals, businesses, and institutions with the expertise needed to lead in a rapidly evolving sustainability landscape. 1. School of Carbon Markets This school provides foundational to advanced training on voluntary and compliance carbon markets, project design and development, and Article 6 mechanisms under the Paris Agreement. Learners gain hands-on knowledge in carbon accounting, credit integrity, verification, and market risks. Learn More 2. School of Sustainable Finance The School of Sustainable Finance equips learners with the expertise and practical skills to thrive in the evolving field of sustainable finance. Whether you’re an investment manager, financial analyst, policymaker, or corporate leader, these courses provide the knowledge to integrate ESG, assess climate risks, and drive responsible financial strategies that align with global sustainability goals. Learn More 3. School of Responsible Reporting The School of Responsible Reporting empowers learners to report on sustainability performance in line with evolving regulatory, stakeholder, and ethical expectations. It integrates responsible marketing, ESG disclosure, and anti-greenwashing principles with hands-on tools. Learn More 4. Certification Programmes Terrama Academy offers pathways to globally recognised sustainability and climate-related certifications, supporting professionals and organisations in building practical capabilities across climate risk management, ESG analysis, and sustainability reporting. Through recognised partnerships and licensed access with institutions such as EFFAS, GARP, and the IFRS Foundation, Terrama provides structured learning and exam preparation designed to help participants understand emerging global standards and apply them in real-world decision-making contexts. Learn More