Spring 2024 Finance B8363 section 002

Climate Finance

Call Number 14672
Day & Time
Location
W 2:20pm-5:35pm
640 Kravis Hall
Points 1.5
Grading Mode Standard
Approvals Required None
Instructor Parinitha R Sastry
Type LECTURE
Method of Instruction In-Person
Course Description

Climate change may be today’s most serious challenge to the future of humanity. Scientists have concluded that avoiding catastrophic climate change will require a reduction in greenhouse gas emissions to zero by 2050 or shortly thereafter, a dramatic reversal after several hundred years of industrial growth. This will require a rapid transformation of the global economy, requiring trillions of dollars in capital and creating new and risks and opportunities for investors to finance the transition. This course builds on the lessons learned in B8705 Business and Climate Change. The course begins with an introduction to climate finance and the topic of carbon markets, followed by classes on project finance to finance renewable energy, venture and growth capital to finance emerging climate technologies, and public equity strategies including divestment and ESG investing. Financial products in the fixed income and insurance markets are examined for climate impact, followed by a class session on development finance to understand the unique challenges and solutions to investing in climate solutions in emerging markets. The course wraps-up with a class session on the strategies used by banks and investment firms for the transition to net zero, concluding with a discussion of the impact of the climate crisis on opportunities and careers in finance.

Web Site Vergil
Department Finance
Enrollment 31 students (50 max) as of 5:05PM Sunday, December 8, 2024
Subject Finance
Number B8363
Section 002
Division School of Business
Open To Business, Engineering:Graduate, Journalism
Section key 20241FINC8363B002