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Certified Expert in Climate and Renewable Energy Finance

Certificate Course

Your next career step starts here

Build your expertise in climate finance and renewable energy investment. Master how to structure and finance renewable energy projects, evaluate and manage risks, and mobilise capital through green bonds, blended finance, and innovative funding models. Gain the practical skills to lead the global energy transition and position yourself as a trusted professional in sustainable finance.

Next start date

01 March 2026

Duration

6 Months

Language

English

Format

Online

Type of education

Certificate Course

Early Bird Price

€ 1600

Build your expertise in climate finance and renewable energy investment. Master how to structure and finance renewable energy projects, evaluate and manage risks, and mobilise capital through green bonds, blended finance, and innovative funding models. Gain the practical skills to lead the global energy transition and position yourself as a trusted professional in sustainable finance.

Close-up of hands holding a pen and notebook during a meeting with laptops.

Your Benefits

This programme equips you with the tools and insights to lead in climate and renewable energy finance.

  1. Gain project finance expertise by learning how to structure and evaluate renewable energy investments.
  2. Master innovative financing solutions such as green bonds, blended finance, and scalable models.
  3. Build strong risk management skills to confidently assess and mitigate financial risks.
  4. Gain an accredited certification (6 ECTS credits)

Target group

The Certified Expert in Climate and Renewable Energy Finance is designed for finance professionals, project developers, investors, and consultants who are active in the renewable energy and climate sectors. It is also highly relevant if you are an engineer, entrepreneur, advisor, policymaker, or academic seeking to expand your expertise in financing the global energy transition. By enrolling, you’ll gain practical skills, strengthen your career opportunities, and position yourself to make a meaningful impact in advancing climate action and renewable energy investment.
Blue Frankfurt School logo displayed on a large screen with people talking below.

DISCOUNTS

Register by 15 January 2026 and secure the early bird discount. Regular price after this date: EUR 1,900.

 

 DISCOUNTS AVAILABLE

  • Early bird discount (by January 15)
  • 10% group discount
  • 10% alumni discount

Contact us for combinable discounts

Register by 15 January 2026 and secure the early bird discount. Regular price after this date: EUR 1,900.

 

 DISCOUNTS AVAILABLE

  • Early bird discount (by January 15)
  • 10% group discount
  • 10% alumni discount

Contact us for combinable discounts

REGISTRATION

01 March 2026 - 31 August 2026

6 Months
€ 1600

REGISTRATION

01 March 2026 - 31 August 2026

6 Months
€ 1600

METHODOLOGY

Flexible Learning. Lasting Impact

Our self-paced, asynchronous online courses are built for professionals who want to upskill on their own time, without putting work on hold. Our courses deliver international expertise and hands-on tools you can apply immediately.
  • Flexible, study anytime, anywhere
  • Practical learning, real-world examples
  • Expert support when you need it
  • Optional live sessions (also recorded, of course)
Join a global community of professionals who are advancing their careers with flexible, high-quality learning.
 

CONTENTS

Through this comprehensive programme, you’ll explore the latest global trends and innovative financing solutions shaping the renewable energy sector. You’ll learn how to structure and finance projects, manage investment risks, and mobilise capital for climate action. The course covers a wide range of approaches, including green bonds, blended finance, and scalable models for renewable energy deployment.

Join today and position yourself at the forefront of climate and renewable energy finance, shaping the transition to a low-carbon, climate-resilient future.
 

COURSE OUTLINE

Unit 1

Introduction

Unit 1 provides an introduction to basic concepts of climate change science such as weather, climate, the greenhouse effect, main causes and elements of anthropogenic (human caused) climate change.

 To prevent dangerous climate change, not only individual climate protection measures are required. This unit discusses challenges and opportunities for economies due to climate change from an economic perspective and the dynamic interplay of climate politics, business and finance. Following, the state-of-the-art of climate policy and what do these goals imply for concrete acting are presented. The section concludes with a discussion about the increasing urgency to act now!

Unit 2

Overview on Climate Finance

The term “Climate Finance” has not been clearly defined so far and there is no common understanding about the financing flows which should be included or not.

The term has been used in a narrow sense to refer to transfers of public resources from developed to developing countries, in light of their UN Climate Convention obligations to provide "new and additional financial resources," and in a wider sense to refer to all financial flows relating to climate mitigation and adaptation.  Financing renewable energy projects is a crucial but not the only element of climate finance. Unit 2 focuses on a description of financing needs in climate change in the area of mitigation and adaptation across sectors, financing sources and instruments. It shows the relevance of RE in terms of scale and contribution to climate finance and will discuss the role of climate risk assessment in the mainstream business.

Unit 3

Basics of Finance and Investment

Unit 3 introduces the basics of finance and investment for assessing the financial viability of investments into climate or renewable energy projects.

The unit informs on the basics of looking at business models, introduces key indicators such as NPV, IRR and WACC and provides the basics of capital structures including debt and equity instruments.

Unit 4

The Role of Regulation and Support Frameworks

While levelized costs of electricity from many renewable energy technologies have decreased significantly over the past years, financial viability still requires some level of public sector intervention in many applications.

Unit 4 explains why markets alone might fundamentally not be able to trigger renewable energy investment in a way necessary to mitigate climate change and which barriers can prevent renewable energy investments.  The unit will also familiarize you with typical support mechanisms available across different countries that can be used to overcome barriers the way they work and their effects on the financial viability. We will also introduce the role of donors and the instruments they can use to address (in particular financial) barriers to renewable energy investments.

Unit 5

Business Models for Renewable Energy

There is a broad range of business models across RE technologies and across different countries.

This module unit will introduce the most relevant business models for large-scale centralized such as a multi-megawatt wind park and small-scale decentralized renewable energy projects such as a community-based mini-grid PV plant. This unit will help you understand the different business model parameters according to project scale and e.g. revenue models, ownership structure and value proposition and will link to the financing perspective.

Unit 6

Technical Knowledge on RE Technologies and Electricity Markets

Unit 6 introduces the physical basics of energy, some basics of the functioning of electricity markets and the basics of renewable energy based electricity generation technologies.

This understanding is crucial to properly assess key technology risks that can substantially influence a renewable energy project’s financial viability.

Unit 7

The Universe of Climate and RE Investors

Different investors and intermediaries have very different investment strategies, level of risk appetite, return expectations and investment horizon. Crowding in the right investor for a project is essential to ensure their long term involvement and the required scale up of investment volumes.

Unit 7 will familiarize you with different types of investors and financial intermediaries and improve your understanding of their decision-making criteria and process.

Unit 8

Financing Structures, Financial Instruments and Donor Interventions for RE Projects

Unit 8 is about project finance structures and donor intervention for supporting renewable energy development.

 You will be familiarised with the private sector investors’ and commercial lenders’ perspective on the different risks and barriers a project faces and at what stage of the project these risks occur. We will also introduce you to the different financing structures and the key differences between corporate and project finance.

Unit 9

Applying Knowledge in Practice: Financial Modelling

Building on your knowledge gained in the previous units, unit 9 will teach you how to build a simple financial model for a renewable energy project in EXCEL.

 With the help of our experts you will project operating and investing cash flows and derive a possible financing structure. Once we have built this model you will also learn how to calculate key ratios and how to perform a sensitivity analysis.

Unit 10

Excursus – Financing for Energy Efficiency

Energy efficiency plays a crucial role in climate change mitigation.

Massive energy efficiency potential exists in the residential sector but also in the commercial/industrial sector and transportation. Often, required investments are relatively small and are paid back in relatively short timeframes. Therefore, energy efficiency projects are often characterized as the “low hanging fruits”. This Excursus will introduce existing and innovative financing structures for the dominating energy efficiency opportunities.

COURSE OUTLINE

Unit 1

Introduction

Unit 1 provides an introduction to basic concepts of climate change science such as weather, climate, the greenhouse effect, main causes and elements of anthropogenic (human caused) climate change.

 To prevent dangerous climate change, not only individual climate protection measures are required. This unit discusses challenges and opportunities for economies due to climate change from an economic perspective and the dynamic interplay of climate politics, business and finance. Following, the state-of-the-art of climate policy and what do these goals imply for concrete acting are presented. The section concludes with a discussion about the increasing urgency to act now!

Unit 2

Overview on Climate Finance

The term “Climate Finance” has not been clearly defined so far and there is no common understanding about the financing flows which should be included or not.

The term has been used in a narrow sense to refer to transfers of public resources from developed to developing countries, in light of their UN Climate Convention obligations to provide "new and additional financial resources," and in a wider sense to refer to all financial flows relating to climate mitigation and adaptation.  Financing renewable energy projects is a crucial but not the only element of climate finance. Unit 2 focuses on a description of financing needs in climate change in the area of mitigation and adaptation across sectors, financing sources and instruments. It shows the relevance of RE in terms of scale and contribution to climate finance and will discuss the role of climate risk assessment in the mainstream business.

Unit 3

Basics of Finance and Investment

Unit 3 introduces the basics of finance and investment for assessing the financial viability of investments into climate or renewable energy projects.

The unit informs on the basics of looking at business models, introduces key indicators such as NPV, IRR and WACC and provides the basics of capital structures including debt and equity instruments.

Unit 4

The Role of Regulation and Support Frameworks

While levelized costs of electricity from many renewable energy technologies have decreased significantly over the past years, financial viability still requires some level of public sector intervention in many applications.

Unit 4 explains why markets alone might fundamentally not be able to trigger renewable energy investment in a way necessary to mitigate climate change and which barriers can prevent renewable energy investments.  The unit will also familiarize you with typical support mechanisms available across different countries that can be used to overcome barriers the way they work and their effects on the financial viability. We will also introduce the role of donors and the instruments they can use to address (in particular financial) barriers to renewable energy investments.

Unit 5

Business Models for Renewable Energy

There is a broad range of business models across RE technologies and across different countries.

This module unit will introduce the most relevant business models for large-scale centralized such as a multi-megawatt wind park and small-scale decentralized renewable energy projects such as a community-based mini-grid PV plant. This unit will help you understand the different business model parameters according to project scale and e.g. revenue models, ownership structure and value proposition and will link to the financing perspective.

Unit 6

Technical Knowledge on RE Technologies and Electricity Markets

Unit 6 introduces the physical basics of energy, some basics of the functioning of electricity markets and the basics of renewable energy based electricity generation technologies.

This understanding is crucial to properly assess key technology risks that can substantially influence a renewable energy project’s financial viability.

Unit 7

The Universe of Climate and RE Investors

Different investors and intermediaries have very different investment strategies, level of risk appetite, return expectations and investment horizon. Crowding in the right investor for a project is essential to ensure their long term involvement and the required scale up of investment volumes.

Unit 7 will familiarize you with different types of investors and financial intermediaries and improve your understanding of their decision-making criteria and process.

Unit 8

Financing Structures, Financial Instruments and Donor Interventions for RE Projects

Unit 8 is about project finance structures and donor intervention for supporting renewable energy development.

 You will be familiarised with the private sector investors’ and commercial lenders’ perspective on the different risks and barriers a project faces and at what stage of the project these risks occur. We will also introduce you to the different financing structures and the key differences between corporate and project finance.

Unit 9

Applying Knowledge in Practice: Financial Modelling

Building on your knowledge gained in the previous units, unit 9 will teach you how to build a simple financial model for a renewable energy project in EXCEL.

 With the help of our experts you will project operating and investing cash flows and derive a possible financing structure. Once we have built this model you will also learn how to calculate key ratios and how to perform a sensitivity analysis.

Unit 10

Excursus – Financing for Energy Efficiency

Energy efficiency plays a crucial role in climate change mitigation.

Massive energy efficiency potential exists in the residential sector but also in the commercial/industrial sector and transportation. Often, required investments are relatively small and are paid back in relatively short timeframes. Therefore, energy efficiency projects are often characterized as the “low hanging fruits”. This Excursus will introduce existing and innovative financing structures for the dominating energy efficiency opportunities.

COURSE OUTLINE

Unit 1

Introduction

Unit 1 provides an introduction to basic concepts of climate change science such as weather, climate, the greenhouse effect, main causes and elements of anthropogenic (human caused) climate change.

 To prevent dangerous climate change, not only individual climate protection measures are required. This unit discusses challenges and opportunities for economies due to climate change from an economic perspective and the dynamic interplay of climate politics, business and finance. Following, the state-of-the-art of climate policy and what do these goals imply for concrete acting are presented. The section concludes with a discussion about the increasing urgency to act now!

Unit 2

Overview on Climate Finance

The term “Climate Finance” has not been clearly defined so far and there is no common understanding about the financing flows which should be included or not.

The term has been used in a narrow sense to refer to transfers of public resources from developed to developing countries, in light of their UN Climate Convention obligations to provide "new and additional financial resources," and in a wider sense to refer to all financial flows relating to climate mitigation and adaptation.  Financing renewable energy projects is a crucial but not the only element of climate finance. Unit 2 focuses on a description of financing needs in climate change in the area of mitigation and adaptation across sectors, financing sources and instruments. It shows the relevance of RE in terms of scale and contribution to climate finance and will discuss the role of climate risk assessment in the mainstream business.

Unit 3

Basics of Finance and Investment

Unit 3 introduces the basics of finance and investment for assessing the financial viability of investments into climate or renewable energy projects.

The unit informs on the basics of looking at business models, introduces key indicators such as NPV, IRR and WACC and provides the basics of capital structures including debt and equity instruments.

Unit 4

The Role of Regulation and Support Frameworks

While levelized costs of electricity from many renewable energy technologies have decreased significantly over the past years, financial viability still requires some level of public sector intervention in many applications.

Unit 4 explains why markets alone might fundamentally not be able to trigger renewable energy investment in a way necessary to mitigate climate change and which barriers can prevent renewable energy investments.  The unit will also familiarize you with typical support mechanisms available across different countries that can be used to overcome barriers the way they work and their effects on the financial viability. We will also introduce the role of donors and the instruments they can use to address (in particular financial) barriers to renewable energy investments.

Unit 5

Business Models for Renewable Energy

There is a broad range of business models across RE technologies and across different countries.

This module unit will introduce the most relevant business models for large-scale centralized such as a multi-megawatt wind park and small-scale decentralized renewable energy projects such as a community-based mini-grid PV plant. This unit will help you understand the different business model parameters according to project scale and e.g. revenue models, ownership structure and value proposition and will link to the financing perspective.

Unit 6

Technical Knowledge on RE Technologies and Electricity Markets

Unit 6 introduces the physical basics of energy, some basics of the functioning of electricity markets and the basics of renewable energy based electricity generation technologies.

This understanding is crucial to properly assess key technology risks that can substantially influence a renewable energy project’s financial viability.

Unit 7

The Universe of Climate and RE Investors

Different investors and intermediaries have very different investment strategies, level of risk appetite, return expectations and investment horizon. Crowding in the right investor for a project is essential to ensure their long term involvement and the required scale up of investment volumes.

Unit 7 will familiarize you with different types of investors and financial intermediaries and improve your understanding of their decision-making criteria and process.

Unit 8

Financing Structures, Financial Instruments and Donor Interventions for RE Projects

Unit 8 is about project finance structures and donor intervention for supporting renewable energy development.

 You will be familiarised with the private sector investors’ and commercial lenders’ perspective on the different risks and barriers a project faces and at what stage of the project these risks occur. We will also introduce you to the different financing structures and the key differences between corporate and project finance.

Unit 9

Applying Knowledge in Practice: Financial Modelling

Building on your knowledge gained in the previous units, unit 9 will teach you how to build a simple financial model for a renewable energy project in EXCEL.

 With the help of our experts you will project operating and investing cash flows and derive a possible financing structure. Once we have built this model you will also learn how to calculate key ratios and how to perform a sensitivity analysis.

Unit 10

Excursus – Financing for Energy Efficiency

Energy efficiency plays a crucial role in climate change mitigation.

Massive energy efficiency potential exists in the residential sector but also in the commercial/industrial sector and transportation. Often, required investments are relatively small and are paid back in relatively short timeframes. Therefore, energy efficiency projects are often characterized as the “low hanging fruits”. This Excursus will introduce existing and innovative financing structures for the dominating energy efficiency opportunities.

STUDY JOURNEY

Step
01

Register

The course starts twice a year, on 1 March and 1 September
Step
02

Participate

6 months, 100% online, self-pace, self-study, few deadlines
Step
03

Pass the Exam

Online, offered twice a year
Step
04

Get Certified

Receive your e-certificate

MODULE OF

ONLINE

Master of Leadership in Sustainable Finance

Recognised as elective module

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

BLENDED

Diploma in Green Finance

Recognised as core module

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

BLENDED

Diploma in Financial Inclusion

Recognised as elective module

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

BLENDED

Diploma in Risk Management

Recognised as elective module

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

MODULE OF

ONLINE

Master of Leadership in Sustainable Finance

Recognised as elective module

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

BLENDED

Diploma in Green Finance

Recognised as core module

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

BLENDED

Diploma in Financial Inclusion

Recognised as elective module

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

BLENDED

Diploma in Risk Management

Recognised as elective module

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

MODULE OF

ONLINE

Master of Leadership in Sustainable Finance

Recognised as elective module

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

BLENDED

Diploma in Green Finance

Recognised as core module

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

BLENDED

Diploma in Financial Inclusion

Recognised as elective module

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

BLENDED

Diploma in Risk Management

Recognised as elective module

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

Download key programme information

Download your brochure now to explore the programme and learn how Frankfurt School can support your professional journey.

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Marijana Galonja

Programme Manager 

e-campus@fs.de

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