Quantitative Climate Finance

Modul: Quantitative Climate Finance (6 Credits)
Name im Diploma Supplement	Quantitative Climate Finance
Verantwortlich	Prof. Dr. Rüdiger Kiesel
Voraussetzungen	Siehe Prüfungsordnung.
Workload	180 Stunden studentischer Workload gesamt, davon: Präsenzzeit: 60 Stunden Vorbereitung, Nachbereitung: 60 Stunden Prüfungsvorbereitung: 60 Stunden
Dauer	Das Modul erstreckt sich über 1 Semester.
Qualifikationsziele	The students will investigate current issues in the field of economics of climate change with a focus on quantitative modeling understand stochastic valuation methods for financial contracts related to climate issues and learn how to apply them question the models critically, interpret model results and extend them
Praxisrelevanz	The models presented and the quantitative techniques used are industry standard and are widely used in the financial and energy sector.
Prüfungsmodalitäten	written exam (usually 90 minutes).
Verwendung in Studiengängen	BWL EaF Master > Wahlpflichtbereich > 1.-3. FS, Wahlpflicht ECMX Master > Wahlpflichtbereich > ME5 Economics > 1.-3. FS, Wahlpflicht EnergySc Master > Fortgeschrittene Energiewissenschaft > 1. FS, Wahlpflicht
Bestandteile	Vorlesung Quantitative Climate Finance (3 Credits) Übung Quantitative Climate Finance (3 Credits)
Modul: Quantitative Climate Finance (WIWI‑M0673)

Vorlesung: Quantitative Climate Finance (3 Credits)
Name im Diploma Supplement	Lecture Quantitative Climate Finance
Anbieter	Lehrstuhl für Energiehandel und Finanzdienstleistungen
Lehrperson	Prof. Dr. Rüdiger Kiesel
Semesterwochenstunden	2	Sprache	englisch
Turnus	Sommersemester	maximale Hörerschaft	###LABEL_NOLIMIT###
empfohlenes Vorwissen Good knowledge of statistics and econometrics
Abstract Discussion and analysis of financial instruments in the context of economics of climate change. Introduction to emission trading scheme and valuation methods for emission certificates and financial contracts based on emission certificates.
Lehrinhalte Principles of environmental economics: discussion of various regulatory measures Design of emission trading schemes Carbon risks and their impact on financial markets Valuation of derivative contracts based on emission certificates Financing of environmental-economic investment projects
Literaturangaben Information regarding current literature will be given during the course.
didaktisches Konzept Presentation, discussion
Vorlesung: Quantitative Climate Finance (WIWI‑C0822)

Übung: Quantitative Climate Finance (3 Credits)
Name im Diploma Supplement	Exercises Quantitative Climate Finance
Anbieter	Lehrstuhl für Energiehandel und Finanzdienstleistungen
Lehrperson	Prof. Dr. Rüdiger Kiesel
Semesterwochenstunden	2	Sprache	englisch
Turnus	Sommersemester	maximale Hörerschaft	###LABEL_NOLIMIT###
empfohlenes Vorwissen Good knowledge in mathematical statistics and econometrics
Abstract Discussion and analysis of financial instruments in the context of economics of climate change. Introduction to emission trading scheme and valuation methods for emission certificates and financial contracts based on emission certificates.
Lehrinhalte Repetition, discussion and application of the lecture content based on selected scientific articles, practice-oriented examples and exercises that consolidate theoretical knowledge and skills as well as application-related skills.
Literaturangaben See lecture.
Übung: Quantitative Climate Finance (WIWI‑C0823)

Modul: Quantitative Climate Finance (6 Credits)