KEMI 2EN04 - Mobilising capital markets for climate change

KEMI 2EN04 · Fall semester 2026-2027

Language of tuition
English
Course type
Cours séminaire
Number of hours
12
Credits
2

Information

Description

Climate change and biodiversity loss are existential threats to the planet, our own health and well-being, and the global economy. The course will identify several key players and leverage points in the capital market and elaborate on whether and how a “systems change” could be achieved to tackle these urgent challenges. In addition to governments and NGOs, the mobilization of capital markets plays a pivotal role. To mobilize capital markets, a thorough understanding of capital markets as well as the mechanisms and obstacles at work is required, as well as innovative solutions that overcome these obstacles. This course will provide a deep dive into several financial innovations that aim to overcome these obstacles and help mobilize capital markets to mitigate climate change and biodiversity loss at the system level. In this course, students will learn to think at the system-level, to understand the opportunities and challenges faced in mobilizing capital markets, and to assess concrete obstacles and whether and how financial innovations can bring scalable solutions for the benefit of society.

Teaching format

The course will be elaborate on most recent academic research, industry trends and case studies on financial innovations.

Assessment

Participation & Essay.

Workload

Light.

Readings

Main readings 5

  1. Global Public-Private Investment-Partnerships: A Financing Innovation with Positive Social Impact, JoACF

  2. Governance and Climate Change: A Success Story in Mobilizing Investor Support for Corporate Responses to Climate Change, JoACF

  3. Green Swan. Central Banking and Financial Stability in the Age of Climate Change, BIS

  4. Hedging Climate Risk, FAJ

  5. Navigating the ESG World

Further readings 6

  1. Converting Emerging Markets to Green Finance: Amundi and the IFC, Imperial College

  2. Finding Virtue in the Finance Industry HBR

  3. Le Prix de la Verité, Henaff

  4. Net-zero carbon portfolio alignment, FAJ

  5. The Tyranny of Merit, Sandel

  6. Value(s), Carney

Teaching units

Unit no.Unit type Teaching unitsTeachers Number of hoursCredits
17197Cours séminaire Mobilising capital markets for climate change Frédéric SAMAMA122

Teachers

  • Frédéric SAMAMA

In the curricula

Contacts and resources

Contact
JEROME Amélie