Event

First Climate at UNEP Finance Initiative's e-Learning Course on Climate Change

Location: online

Dr. Sascha Lafeld, Advisor to UNEP FI's Climate Change Working Group (CCWG) and Member of the Executive Board of First Climate, will teach Module 3 of the e-Learning Course on Climate Change: Risks and Opportunities for the Finance Sector.

From 8 to 26 June 2009, the United Nations Environment Programme's Finance Initiative will be running an e-Learning Course on "Climate Change: Risks and Opportunities for the Finance Sector". The course will enable senior and mid-level executives in financial institutions to learn about climate change and how it affects their industry in a flexible, cost-effective and accessible e-learning training environment with opportunities to network and interact with fellow participants and expert tutors.

Held from June 22-26, Module 3 will address the following aspects of Carbon Finance:

Lesson 8: An Introduction to the Flexible Mechanisms: Emissions trading

• The Flexible Mechanisms of the Kyoto Protocol
  
  • International Emission Trading (IET)
    
  • The Project-Based Mechanisms
    
• The EU Emission Trading System: The First International Emissions
  
• Trading Scheme in Practice
  
  • Risks and Opportunities for Participating Companies
    
  • Who loses and who gains from the EU ETS?
    
• Market Developments in the EU ETS and the Kyoto Market
  
  • The voluntary market
    
  • The role of USA
    
• How financial institutions can encounter the challenges related to climate change and emissions trading
  
  • Case Studies

Lesson 9: Introduction to the project-based mechanisms of the Kyoto Protocol

• CDM and JI - How does it work?
  
• CDM project cycle
  
• Players involved in a CDM Project
  
• CDM/JI market development and potential
  
• CDM: Opportunities and Challenges

Lesson 10: CDM: Risks and opportunities for financial service providers

• Differences between CDM projects and 'common' projects
  
• Specific risks of CDM projects
  
• How can financial service providers address CDM risks?
  
• Case Study 1: Windpower Project - Mexico
  
• Case Study 2: Landfill Gas Recovery and Utilization - China
  
• Case Study 3: N2O Emission Reduction - Republic of Korea

To find out more and to register visit UNEP Finance Initiative