Finance may have a central role to play against climate change on the condition that risks are properly measured and managed. In this course, learners will be introduced to the latest academic research findings and the most commonly used methods in industry to cope with climate change financial risks.
This course starts with an overview of climate change and the tools at the disposal of policymakers to curb this phenomenon. These tools, when used to their fullest extent, will have a big impact on businesses and this impact may spill over into the financial markets even before the policies are fully implemented. The risks associated with these changes are grouped under the definition of transition risks.
In this MOOC learners will analyse these risks and also discuss the methodologies most widely used by asset managers to manage their portfolios’ carbon exposure. The final module of this course shows a real-world example of implementation.
At the end of the course, learners will understand how to maximize the contribution of their investments to the fight against climate change.
Professor of Finance, EDHEC Business School
Scientific Advisor, EDHEC-Risk Climate Impact Institute
PhD UC Berkley
PhD Candidate in Finance, EDHEC Business School
Teaching assistant, EDHEC Business School