Certified Expert in Climate & Renewable Energy Finance
This e-learning course is developed and implemented jointly with the Frankfurt School - UNEP Collaborating Centre.
The Paris Agreement marks the beginning of a new era with the focus shifting from finding a consensus on the common goals to realising jointly agreed goals. “Making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development” (Article 2 c of the Paris Agreement) will require a
significant increase in funding – with new instruments and approaches required to mobilize a broad range of investors and to achieve scalability in financing climate action. Financing the global energy transition will be one key building block. Decreasing prices for renewables combined with increasing regulatory risk for traditional fossil fuels make Renewable Energy (RE) more competitive and attractive for commercial investors.
This course will help you to understand two different perspectives on financing climate and RE projects: firstly, why markets alone might fundamentally not be able to trigger investment in a way that environmental issues are appropriately taken into account and which policy instruments are available to correct these so-called “market failures”. Secondly, the project perspective of investors or financiers confronted with the specifics of RE and EE financing including but not limited to dealing with the specific risk profile of capital intense business models in an often policy and regulation driven market. Understanding both perspectives and the interlinkage is key to policy design and investment decisions in the years to come.
- An interactive e-learning course including video lectures, PDF scripts, practical exercises, online tests and case studies
- A discussion forum for course related issues as well as for exchange of opinions and experiences with your classmates and tutors
- Personalized support from your FSDF e-Campus Team
- The option to a Frankfurt School certificate after passing the final exam or a confirmation of course completion after completing the course
- A large network of final exam locations at partner institutions all over the world. Click here to see the list of final exam locations
This course has a clear focus on finance and is suitable for both public and private sector practitioners, including entrepreneurs, project developers, private investors, initiator/fund houses, international development finance consultants and managers, plant operators and manufacturers, engineers and advisory professionals (e.g. law firms, business and tax consultants). Other interested parties, such as academics in relevant fields, are of course also welcome to register to the course.
The course aims to explain the specifics of climate and renewable energy finance. Pre-experience in (mainstream) banking and finance is therefore helpful but not required. Participants without basic knowledge in finance should accommodate for additional study time.
Furthermore, proficient knowledge in English is required as well as access to high speed internet.
Unit 1: Introduction
Unit 2: Climate Finance
Unit 3: Environmental Economics
Unit 4: International Climate Politics
Unit 5: Sources of Financing and Available Instruments
Unit 6: Basic of Renewable Energy Technologies and their Role in the Overall Energy Mix
Unit 7: Renewable Energy Finance and the Role of Project Finance
Unit 8: Financing Energy Efficiency Projects
Unit 9: Public Support Instruments to Facilitate Climate Friendly Investments
Unit 10: Financial Modeling and Business Plan Preparation
Unit 11: Bringing it all together - Applying Finance Knowledge in Different Contexts
Fee Before Jan. 15, 2017 EUR 1,100 After Jan. 15, 2017 EUR 1,300
Final exam fee: 50 EUR (to be paid in cash to the institution hosting your final exam)
10% discounts for
- Gropus: for 5 or more participants working for the same institution
- International bank transfer
- Credit card
Please be aware that:
- All bank fees have to be covered by the participant
- Payment in instalments is not possible
- All travel related costs for taking the final exam have to be covered by the participants individually
The FS-UNEP Centre
The content of this e-learning course was developed by the Frankfurt School - UNEP Collaborating Centre for Climate & Sustainable Energy Finance (http://fs-unep-centre.org/). The Centre is a strategic cooperation between Frankfurt School and the UN Environment programme. Its vision is to advance transformation to resilient low-carbon and resource-efficient economies by attracting new types of investors, in particular catalysing the financing of clean energy by the private sector. The Centre is UNEP’s major knowledge hub for climate finance related aspects.
*Subject to change.
The e-learning course in Climate & Renewable Energy Finance of Frankfurt School of Finance & Management is the most useful course in development finance I had ever taken. The course is comprehensively designed and well structured. It offers the possibility to study at your own place and to have interesting discussion with your classmates and the experts of the FS-UNEP Collaborating Center. Among others, the practical units in financial modeling and business plan preparation have equipped me with the knowledge to understand and asses the financial viability of Renewable Energy Projects.
Danail Dimov, Frankfurt, Germany, September 2015
"The Certified Expert in Climate & Renewable Energy Finance program is definitely the greatest online course experience I’ve had. The units are designed around the essential that one could barely feel he is enrolled in an online course. For someone like me who is not familiar with e-learning I have to say that the CECRF Team has convinced me that online courses could be as easy as pie. Thanks to the training received I can now assess the financial viability of any RE project..."
"...Well experienced tutors and the variety of professionals contributed to my solid performance. I think Germans have proved again their reputation of being pragmatic people. I am proud to be a member of the first graduating class of the CECRF."
Houmaïda S., MSc, MPA, PMP, Canada, September 2014