Lecture

Quantitative Climate Finance (QCF)

Lecturer:
  • Prof. Dr. Rüdiger Kiesel
Contact:
Term:
Summer Semester 2020
Cycle:
Sommersemester
Time:
Wednesday 10-12 am
Room:
S06 S00 A21
Language:
English
LSF:
Lecture in LSF
Linked Lectures:

Description:

The following topics will be covered:

  • Principles of environmental economics: discussion of various regulatory measures
  • Design of emission trading schemes
  • Carbon Risks and their impact on financial markets
  • Valuation of derivative contracts based on emission certificates
  • Financing of environmental-economic investment project

Learning Targets:

The students:

  • Will investigate current issues in the field of economics of climate change with a focus on quantitative modeling
  • Understand stochastic valuation methods for financial contracts related to climate issues and learn how to apply them
  • Question the models critically, interpret model results and extend them

Methods of Assessment:

Composite exam with 2 home assignments