Climate Risks and Opportunities

1 Course Unit

Climate change represents one of the most urgent threats to humanity’s future. Transforming the global economy to manage this threat will require trillions of dollars in capital, creating unprecedented risks as well as opportunities in financial markets. This course uses the tools of financial economics to understand strategies for managing risks and financing climate technologies across a range of asset classes, including carbon markets, project finance, venture capital, private equity, public equities, fixed income, and real assets. Students will also explore how financing strategies interact with public policy and political risk in both the developed and emerging market contexts. The course concludes with debates on corporate purpose, including what role businesses and financial institutions should play in addressing climate change. Spring Also Offered As: BEPP 7610, ESE 5670, OIDD 7610 Prerequisite: FNCE 6110 1 Course Unit