Finance for Sustainability

The economic analysis of how to design government policies to deal with climate change, be it through market for permits or taxes, is vast. In contrast, the analysis of the role of regulation and public finance in supporting a low-carbon transition and the role of capital markets in potentially mitigating the risks brought on or exacerbated by climate change is rather limited.

This course aims to provide students/participants with the knowledge and understanding of how to quantify the scale of the challenge in terms of the capital flows to be mobilized, the value of assets at risk and the levels of alignment with climate, finance for sustainability goals, the challenges in integrating climate risk into existing financial supervisory frameworks, and the role of the public sector in mobilizing and supervising private sector finance. The course will also demonstrates how to translate sustainability into financial culture in terms of purpose, skills, operational techniques and incentives.