Certificate of Achievement

Hemal Thakore

has completed the following course:

Sustainable Finance: Using the Power of Money to Change the World

University of Roehampton

It is now widely agreed by governments and global organisations that the climate and ecological emergencies are the most urgent challenge facing humanity and represent an existential challenge not just for our way of life but to our very survival as a species. In our global economy, finance is the fuel that drives all activity so how can we use that power to achieve sustainability rather than causing damage? This is the task of sustainable finance: making the power of money work for good.

6 weeks, 3 hours per week

Molly Scott Cato

Professor of Green Economics

University of Roehampton

Transcript

Learning outcomes

  • Explore how financial is fuelling the climate crisis including tracing the flow of finance into fossil fuel expansion, the subsidies given to fossil fuel by our governments, and the power of the fossil fuel lobby
  • Debate the alternative approaches to putting a price on carbon dioxide emissions based on the experiences of different countries including your own country
  • Critique the current operation of banks and investment companies and think about how to challenge them to act responsibly in a climate emergency including prohibiting the issue of bank licences to banks that finance fossil fuels
  • Evaluate means we can use to shift finance towards sustainability including green bonds, banking regulation, the redefinition of banking assets
  • Engage with the urgent issue of climate finance by understanding the claims made by the countries suffering clilmate impacts for climate reparations and the issue of climate finance more widely
  • Report the transformation in the role of accountants as accounting for Environmental, Social and Governance impacts becomes a top political priority across the world

Syllabus

Introductory understanding of financial markets and the role of sustainable finance;

Policies to encourage the transition of finance away from activities that are destructive to climate and ecosystems and towards sustainable investments;

Brief introduction to how banks work and their role in the climate crisis;

Sustainability reporting and measuring impacts of investments;

Climate finance and the loss-and-damage agenda;

Issued on 3rd December 2023

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This certificate represents proof of learning. It is not a formal qualification, degree, or part of a degree.

Free online course:

Sustainable Finance: Using the Power of Money to Change the World

University of Roehampton