FIN-40053 - Module Specification
Keele Business School
Faculty of Humanities and Social Sciences

Programme/Approved Electives for 2024/25

Available as a Free Standing Elective

Co-requisites

None

Prerequisites

None

Barred Combinations

None

Description for 2024/25

By studying this module students will gain key insights into the key roles that will be played by the capital markets and financial services firms such as banks and insurance companies in transitioning to a sustainable world. The key scientific evidence behind climate change and the key factors that are causing climate change are also examined. This module will then go on to consider some of the unique financial products which have been developed to mitigate the impact of climate change such as green bonds.

The aim of this module is to provide students with up to date knowledge on the emerging field of green/sustainable finance. Students will start by considering the scientific evidence for climate change and how this change will have a detrimental impact on the value of assets. They will further examine how the corporate sector is responding to this existential challenge and how this is leading to innovations in the development of new businesses and new financial products such as green bonds.

Intended Learning Outcomes

critically assess the evidence for transitioning to a sustainable world and the challenges faced by the corporate sector in transitioning to a sustainable world: 1
demonstrate a systematic understanding of the impact of climate change on global capital markets: 1
critically evaluate new forms of trading such as carbon trading that are relevant to climate change: 1
demonstrate a critical awareness of the limitations of traditional asset valuation techniques in view of climate change: 1
undertake in-depth analysis of the key climate relevant factors that will impact different financial market sectors: 1
comprehensively assess characteristics of new financial products such as green bonds to manage climate change: 1

Study hours

20 hours Discussion Sessions
130 hours independent study

School Rules

None

Description of Module Assessment