Climate Change and Risk Management

Learning Outcomes

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

• Evaluate the practical relevance of climate finance and risk management .
• Evaluate and discuss the financial risks and opportunities associated with climate change;
• Critically evaluate the impact of the transition to a low-carbon economy on firms and their various stakeholders;
• Assess the ‘green’ financial instruments and their use;

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

• The fundamentals of climate finance alongside the associated risks and opportunities that arise for financial markets;
• The risks and returns at the firm level as a result of climate change;
• The role of financial institutions in shaping and mitigating climate risk;
• The practical implications of climate finance on business practices and the economy.
• The financial instruments available to aid the shift towards a low-carbon economy;

Transferable and Generic Skills

Having successfully completed this module you will be able to:

• Demonstrate high level of oral and written communication skills by analysing issues related to responsible and sustainable business topics achieved via discussions, assignments, presentations and exams.

The modules covers the following topics:

• The risks and opportunities of climate change
• Corporate finance and climate change
• Financial instruments and climate change
• Green investors
• Green investments and climate transition
• Mitigating climate risk
• Banks and financial intermediaries and climate change

The structure of this module involves 24 contact hours in total taking place in semester 2. The lectures account for 14 hours of contact time, during which individual topics are introduced.

The teaching methods include:

• Lectures
• Practical and discussion based questions (embedded as part of the lecture)
• Case studies
• Discussion of academic papers
• Other learning materials (videos, podcasts, etc)

The learning methods include:

• Case studies
• Discussion and numerical exercises
• Independent study

Summative

This is how we’ll formally assess what you have learned in this module.

Referral

This is how we’ll assess you if you don’t meet the criteria to pass this module.

Repeat

An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.