Certified Expert in Climate Adaptation Finance

It will explore economies need to adapt, addressing the question “what is climate adaptation”, providing the macro perspective of adaptation (UNFCCC definition of adaptation) before moving to the micro perspective of adaptation (what do economies/actors do to adapt?)

The Unit will explore the main building blocks of international adaptation-related policies, looking particularly at the Paris Agreement to anchor the role of the public sector and public support instruments and policies later in the course.

Private actors must consider how business decisions will change in a changing environment, while public actors must decide how to moderate this structural change (e.g. providing policies, support, information, etc.). The Unit will also introduce the different types of investors and financial intermediaries and an understanding of their decision-making criteria and processes, to answer the overarching question: Why are companies investing in climate and sustainability?

 Participants will gain a methodological understanding of financing at the project level, including how to assess the financial viability of an investment. There are crucial tools necessary to do this, and this unit will provide the basics of business models, finance, and investment, with a focus on investment calculations (including key terms, typical KPIs) and key specifics of business cases, with a reference to climate adaptation.

It introduces market imperfections, or barriers, which may systematically keep adaptation projects from materialising. Once these barriers have been identified, there are a variety of options to tackle or overcome them, leading to efficient market outcomes. This guides you on how public finance or policy can facilitate private financial flows towards adaptation.

This Unit will narrow the focus, introducing the process of analysing new adaptation business model, or adjusting existing business models, to increase the climate resilience of their portfolio.  Part I will first introduce the rationale for a private actor to invest, building on Unit 4 and will then provide a deep-dive into understanding adaptation business models and the proposition behind them, what kind of business models we observe in adaptation/climate resilience, the investors and the type of financial instruments used.  Part II will provide an overview of the broad variety of adaptation business cases, analysing a selection of case studies on different adaptation/climate resilient projects to conduct an in-depth analysis of their characteristics. In this way, we will build a business case from the perspective of a project developer.

It will link to the overview of financing structures given in Unit 4 and build up knowledge on investment opportunities from the perspective of private financiers, answering the question: who invests in these (adaptation) business models and how?

Benefit from an Alumni discount and have the course credited when you continue to the Master of Leadership in Sustainable Finance.

Benefit from an Alumni discount and have the course credited when you continue to the Diploma in Green Finance.

Benefit from an Alumni discount and have the course credited when you continue to the Diploma in Financial Inclusion.

Benefit from an Alumni discount and have the course credited when you continue to the Diploma in Risk Management.