Устойчивое финансирование

Магистратура 2023/2024

Лучший по критерию «Полезность курса для расширения кругозора и разностороннего развития»

Статус: Курс по выбору (Стратегическое управление финансами фирмы)

Направление: 38.04.08. Финансы и кредит

Кто читает: Школа финансов

Где читается: Факультет экономических наук

Когда читается: 2-й курс, 2 модуль

Формат изучения: без онлайн-курса

Охват аудитории: для всех кампусов НИУ ВШЭ

Преподаватели: Анилов Артем Эдуардович

Прогр. обучения: Стратегическое управление финансами фирмы

Язык: английский

Кредиты: 3

Контактные часы: 28

Full Syllabus

Abstract

The role of financial capitals is crucial in the transition process to net-zero economy and to the achieving the Sustainable Development Goals set by United Nations. The sustainable finance concept emerged from the need to build a financial and economical vehicle towards sustainability, therefore global financial system is restructuring and transforming to the new way of doing business. This course reviews the key concepts and frameworks of sustainable finance and its role to the green economy transition. The sustainable finance course refers also to the different types of sustainable investment mechanisms at different layers at national and regional economies. It contains discussions of practical cases about sustainable issues/investment decisions by financial and non-financial firms. We discuss new sustainability-oriented financial instruments and impediments for incorporating ESG factors in traditional investment analysis. The maximum number of students is limited, there will be an additional selection based on motivation letters. The motivation letter should be sent to anstepanova@hse.ru.

Learning Objectives

To understand the instruments of sustainable finance
To understand the current trends and limitations of sustainable finance
To understand the goals of sustainable finance

Expected Learning Outcomes

Understand the limitations of current financial system
Analyse the role of financial system in sustainable development
To analyse the current state of sustainable finance
To understand the existing frameworks for sustainable finance
To analyze green equity financing
To understand the opportunities and limitations of green equity
To analyse sustainable and green bonds
To understand the opportunities and limitations of green bonds

Course Contents

THE IMPACT OF FINANCIAL SYSTEM ON ENVIRONMENT AND SOCIETY
THE CHALLENGES OF REGENERATIVE ECONOMY
GREEN EQUITY AND IMPACT INVESTING
SUSTAINABLE DEBT AND GREEN BONDS

Assessment Elements

Seminar 1
Seminar 2
Seminar 3
Seminar 4

Interim Assessment

2023/2024 2nd module
0.25 * Seminar 1 + 0.25 * Seminar 2 + 0.25 * Seminar 3 + 0.25 * Seminar 4

Bibliography

Recommended Core Bibliography

Corporate social responsibility : the role of business in sustainable development, Williams, O. F., 2014
Green business process management : towards the sustainable enterprise, , 2012
MSCI ESG Research LLC. (11 C.E. 2019). MSCI ESG Research Makes MSCI ESG Ratings of Over 2,800 Companies Publicly Available. Business Wire (English).
Никонец, О. Е., ESG-трансформация и устойчивое развитие: вызовы и возможности для экономики и бизнеса (Сборник по материалам Международной научно-практической конференции) : сборник статей / О. Е. Никонец. — Москва : Русайнс, 2022. — 248 с. — ISBN 978-5-466-00988-0. — URL: https://book.ru/book/945152 (дата обращения: 25.08.2023). — Текст : электронный.

Recommended Additional Bibliography

An introduction to sustainable transportation : policy, planning and implementation, Schiller, P. L., 2018

Course Syllabus