Climate Finance I and II, Spring 2024, Cornell University
(for MBA & Master students)
Climate Finance, Fall 2023, Cornell University
(for Undergraduate Students)
Inaugural Undergraduate Climate Finance course at Cornell University
Syllabus
(I designed and taught the course)
Course Abstract
Climate change poses one of the most salient emerging risks to financial markets and society at large. Climate change is the defining issue of the 21st century. This course discusses the fast-moving frontiers of climate finance, hotly debated among central bankers, academics, and investors today. It will focus on the role that financial institutions play in transitioning to a carbon-neutral economy. We will examine the physical, transition, legal and biodiversity risks that institutions are exposed to resulting from climate change and the transition to a carbon-neutral economy – as well as the opportunities that arise from these. The course consists of a mixture of lectures, guest lectures by leading thinkers in the field, and case studies. The first part of the course will focus on climate risks. The second part will focus on transition opportunities and how financial and government policies can shape these. In particular, the course will cover the role that climate risk disclosures, climate stress tests, financial regulation, monetary policy, government regulation and public investments play in creating incentives for the financial institutions to support the transition to a green economy. As part of the case studies, each student group will examine different aspects of finance’s role in the timely green sustainable transition at scale.
Climate Finance, Fall 2021, Stanford University
Course Abstract
Climate change poses one of the most salient emerging risks to financial markets and society at large. This course discusses the fast-moving frontiers of climate finance, hotly debated among central bankers, academics, and investors today. It will focus on the role that financial institutions play in transitioning to a carbon-neutral economy. We will examine the physical, transition and legal risks that institutions are exposed to resulting from climate change and the transition to a carbon-neutral economy – as well as the opportunities that arise from these. The course consists of a mixture of lectures, guest lectures by leading thinkers in the field, and case studies. The first part of the course will focus on climate risks. The second part will focus on transition opportunities and how financial and government policies can shape these. In particular, the course will cover the role that climate risk disclosures, climate stress tests, financial regulation, monetary policy, government regulation and public investments play in creating incentives for the financial institutions to support the transition to a green economy. As part of the case studies, each student group will conduct a climate stress test of a different institution (e.g. a bank, central bank, investment fund, insurer, or energy company). The resulting findings will enable students to identify risks and opportunities under different climate and policy scenarios.
Climate Finance Course Slides
See folder
Teaching Interests
Courses Taught at the University of Oxford
Financial Derivatives
Fixed Income
Coding in R
Guest Lectures
Financial Regulation (MIT Sloan School of Management, Massachusetts Institute for Technology)
Climate: Politics, Finance, and Infrastructure (Stanford University)
General Teaching Interests
Climate Finance
Asset Pricing (Fixed Income, Financial Derivatives, Option Theory etcetera)
Banks, Regulation and Monetary Policy
Markets and Securities
Credit Risk
Financial Modelling
Investments and Portfolio Management
International Finance
Mathematics for Finance
Financial Econometrics
Quantitative Macroeconomics
Big Data for Finance
Empirical Finance
Financial Statistics
Coding (Python, C++, R)