Climate Finance (122N1)

15 credits, Level 7 (Masters)

Spring teaching

This module provides a foundation in economic theory for carbon pricing, and a detailed understanding of carbon markets. Initially, we will distinguish between climate finance and sustainable finance, as the latter is a broad category of topics.

The module will explore:

  • insights in the practice of carbon market design, its problems and the proposed solutions
  • empirical methods for appraising the effectiveness and efficiency of carbon markets as policy instruments for mitigating climate change 
  • the investment performance of renewable energy funds, green bonds and green revenues models. 
  • data from FTSE green revenue dataset and provide investment solutions
  • the role of different participants within emissions trading schemes
  • the implications of the Paris Agreement
  • the recommendations of IPCC for climate change mitigation
  • sustainable finance and climate finance
  • environmental policy
  • energy finance
  • carbon market
  • green bonds
  • climate risk analysis
  • low carbon investment portfolio
  • environmental and financial performance
  • green revenues data model.

Teaching