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Regular version of the site
Master 2024/2025

State & Corporate Low-carbon Strategies

Area of studies: Economics
When: 2 year, 1, 2 module
Mode of studies: offline
Open to: students of one campus
Master’s programme: Environmental Economics and Sustainable Development
Language: English
ECTS credits: 6
Contact hours: 28

Course Syllabus

Abstract

During the last decades, the issue of global climate change has taken one of the central places on the international agenda while the need to mitigate climate change has become the subject of consensus for most countries and businesses. In the meantime, climate change mitigation strategies are becoming increasingly intertwined with the plans to acquire new technological and economic comparative advantages. The world is undergoing global low-carbon transformation: dozens of countries, including the largest issuers, and thousands of companies in industries ranging from energy to retail, announce plans to achieve carbon neutrality. The course aims to provide theoretical and empirical knowledge on the integration of greenhouse gas emissions reduction goals into long-term vision of development at the level of states and individual enterprises.
Learning Objectives

Learning Objectives

  • – to form students' understanding of the practical aspects of the climate change mitigation
  • – to learn about climate policy tools applicable to global, national, subnational, and corporate levels
  • – to examine the risks that climate change poses to companies from regulatory, legal, reputational, and physical standpoints.
  • – to evaluate the components of a corporate decarbonization strategies, and form students’ ability to differentiate between scope one, two and three emissions.
Expected Learning Outcomes

Expected Learning Outcomes

  • learn about climate change and its impact on economy
  • Understands anthropogenic climate change and its causes, options to reduce emissions, their barriers and costs and co-benefits
  • Is able explain climate policy tools, their background, and practical experiences
  • Identifies climate risks considering the industry specifics
  • Understands basics of GHG accounting for organizations, products, and climate projects
  • Can evaluate the potential of the different decarbonization strategies
Course Contents

Course Contents

  • The evolution of climate change mitigation goals. Decarbonization
  • Global climate policy. Privatization of the climate governance
  • Carbon pricing
  • Non-market approach to climate change mitigation
  • Climate risks and opportunities in corporate climate strategies
  • Carbon footprint and GHG accounting and reporting
  • Benchmarks for corporate emission reduction strategies
  • Low carbon technologies for emission reduction strategy
  • Carbon offsetting
Assessment Elements

Assessment Elements

  • non-blocking Climate basic quiz
  • non-blocking Seminar on climate benchmarks
  • non-blocking EN-Roads
  • non-blocking Workshop on climate policy
  • non-blocking Attendance
  • non-blocking Workshop on corporate strategies
Interim Assessment

Interim Assessment

  • 2024/2025 2nd module
    0.25 * Attendance + 0.125 * Climate basic quiz + 0.125 * EN-Roads + 0.125 * Seminar on climate benchmarks + 0.25 * Workshop on climate policy + 0.125 * Workshop on corporate strategies
Bibliography

Bibliography

Recommended Core Bibliography

  • BUCKLEY, M., & JAMES, D. (2018). Investing in a Clean Energy Future. Electric Perspectives, 43(6), 42. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=f5h&AN=133147932
  • Lawrence H. Goulder, & Ian W. H. Parry. (2008). Instrument Choice in Environmental Policy. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.81F6C7FB
  • Mai Farid, Michael Keen, Michael G. Papaioannou, Ian W.H. Parry, Catherine A Pattillo, & Anna Ter-Martirosyan. (2016). After Paris; Fiscal, Macroeconomic and Financial Implications of Global Climate Change. IMF Staff Discussion Notes. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.p.imf.imfsdn.16.01
  • Nordhaus, W. D. (2013). The Climate Casino : Risk, Uncertainty, and Economics for a Warming World. New Haven, Conn: Yale University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=656818

Recommended Additional Bibliography

  • Climate finance : theory and practice, Markandya, A., 2017
  • Introduction to modern climate change, Dessler, A. E., 2022

Authors

  • STEPANOV ILYA ALEKSANDROVICH
  • MAKAROVA EKATERINA ALEKSANDROVNA
  • Лихтина Майя Константиновна