SingleView of Module
Module (6 Credits)
Quantitative Climate Finance
- Name in diploma supplement
- Quantitative Climate Finance
- Responsible
- Admission criteria
- See exam regulations.
- Workload
- 180 hours of student workload, in detail:
- Attendance: 60 hours
- Preparation, follow up: 60 hours
- Exam preparation: 60 hours
- Duration
- The module takes 1 semester(s).
- Qualification Targets
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
- Relevance
The models presented and the quantitative techniques used are industry standard and are widely used in the financial and energy sector.
- Module Exam
written exam (usually 90 minutes).
- Usage in different degree programs
- Elements
Lecture (3 Credits)
Quantitative Climate Finance
- Name in diploma supplement
- Lecture Quantitative Climate Finance
- Organisational Unit
- Lecturers
- SPW
- 2
- Language
- English
- Cycle
- summer semester
- Participants at most
- no limit
- Preliminary knowledge
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.
- Contents
- 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
- Literature
Information regarding current literature will be given during the course.
- Teaching concept
Presentation, discussion
- Participants
Exercise (3 Credits)
Quantitative Climate Finance
- Name in diploma supplement
- Exercises Quantitative Climate Finance
- Organisational Unit
- Lecturers
- SPW
- 2
- Language
- English
- Cycle
- summer semester
- Participants at most
- no limit
- Preliminary knowledge
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.
- Contents
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.
- Literature
See lecture.
- Participants