ENV 802b () / 2023-2024

Climate Finance

The energy transition requires about $1.2 trillion every year.  Current funding from green bonds, carbon markets and bespoke ESG funds is inadequate to meet this target.  In this course, we will examine some of the constraints and options for climate financing, look at the requirements for developing green energy projects, risk mitigation and technology options.  Particular focus will be given to the developing world where funding costs and constraints are at their most onerous.