While IIM Lucknow is already offering a management development program on corporate environmental management and carbon markets, IIM Ahmedabad has announced that it will add more to environment study and will launch Carbon Finance Course. The course is aimed at providing conceptual and practical understanding of the anthropogenic forces behind environmental changes.

 

The forthcoming course on carbon finance has 14 sessions and introduces the evolution of the global carbon market, the current state of international negotiations on climate change and developments following the Kyoto Protocol. Also, it will cover causes of climate change, the global legal and institutional framework and mechanism to deal with it.

 

The course will try to elaborate the dynamics underlying carbon finance. P.R. Shukla, one of the course instructors at IIM-Ahmedabad said that the term 'Carbon Finance' is used, in practice as well as in the course title, as a surrogate for 'Climate Change Finance' to cover wide ranging financial responses to mitigate and adapt to climate change.