Sommersemester 20
Quantitative Climate Finance (QCF)
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
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
Composite exam with 2 home assignments