Programme/Approved Electives for 2023/24
			
		 
None		
			
				Available as a Free Standing Elective
			
		 
No
		
		
		
		
		
		
		
		
Aims		
			
				The aim of this module is to provide students with up to date knowledge on the emerging field of green/sustainable finance. Students will start by considering the scientific evidence for climate change and how this change will have a detrimental impact on the value of assets. They will further examine how the corporate sector is responding to this existential challenge and how this is leading to innovations in the development of new businesses and new financial products such as green bonds.
			
		 
		
			
				Intended Learning Outcomes
			
		 
		
			
				critically assess the evidence for transitioning to a sustainable world and the challenges faced by the corporate sector in transitioning to a sustainable world: 1demonstrate a systematic understanding  of the impact of climate change on global capital markets: 1critically evaluate new forms of trading such as carbon trading that are relevant to climate change: 1demonstrate a critical awareness of the limitations of traditional asset valuation techniques in view of climate change: 1undertake in-depth analysis of the key climate relevant factors that will impact different financial market sectors: 1comprehensively assess characteristics of new financial products such as green bonds to manage climate change: 1
			
		 
		
		
			
				20 hours Discussion Sessions130 hours independent study
			
		 
		
		
		
			
				Description of Module Assessment
			
		 
1: Individual Report weighted 100%2500 word Individual Report2500 words Individual Report