Proposals to create a cap-and-trade program for greenhouse gas emissions in the United States are advancing rapidly. With the new administration in favor of addressing energy efficiency standards via a carbon market, all companies need to understand future legislation and its implications for business.
Carbon Finance Strategies, a collaboration between Columbia Business School Executive Education and Point Carbon, is an in-depth, three-day program developed to educate U.S. executives on this important issue. It is particularly well suited for senior and C-level executives who wish to fully understand the cap-and-trade system and be able to formulate the right strategy and action plan for their organization.
Overview
In three days, Carbon Finance Strategies will provide essential knowledge for strategic decision making around carbon management. The program is a deep dive into the topic of carbon finance, with sessions addressing each important aspect and its strategic implications.
The program will mix lectures, discussions and case studies for practical learning. With guidance from Columbia Business School faculty and experts from Point Carbon, participants will review proposed U.S. legislation, analyze carbon price formation, and identify and assess risk management and trading strategies.
Please Contact Us
Please contact our Learning Solutions Specialists at 212-854-3395 for a personal conversation to learn more.
Audience
Carbon Finance Strategies is designed for senior executives from U.S. organizations in energy-intensive industries—such as manufacturing, transportation, power, and consultants and advisors to these industries—who want to prepare their organization for the upcoming cap-and-trade legislation and craft the appropriate strategy, as well as anyone in the business or financial community interested in understanding this issue.
Hear from Past Participants:
"Excellent, intense program with great speakers. A good balance between theory and cases/real world application. Point Carbon and Columbia Business School Executive Education team up very well!"
—Rudolf Jacobs, Chief Executive Officer, Hidroelectrica Secacao, S.A.
"Exactly what I wanted to help understand this new and emerging area."
—Juan Gasca, Partner, Crecimiento Programado
"Fantastic program. The quality of sessions and speakers were very high."
—Nadine Teychenne, VP, Citigroup
Benefits
Carbon Finance Strategies provides a detailed look at carbon markets and implications for U.S. companies. Throughout the three-day program, participants will:
- Understand the foundations and operations of carbon markets
- Study the principles governing investments in carbon offset projects
- Learn principles for identifying, managing and mitigating carbon risks and opportunities
- Analyze interactions between carbon and energy prices
- Develop the optimal carbon strategy for your organization
Faculty
Faculty Director(s):
Geoffrey Heal
Paul Garrett Professor of Public Policy and Business Responsibility
Geoffrey Heal, professor of finance and economics at Columbia Business School, brings to the program his expertise in the area of economics and the environment. He is particularly focused on the relationship between economics and ecology, and how profit-oriented companies can contribute to the solution of social and environmental problems.
About Point Carbon
Point Carbon is a leading provider of independent news, analysis and consulting services for global power, gas and carbon markets. Point Carbon's staff includes experts in international and regional climate policy, mathematical and economic modeling, forecasting methodologies, risk management and market reporting. Point Carbon has more than 18,000 clients, including the world's major energy companies.
Curriculum
Day 1: Science, Institutions and Regulatory Framework
- Overview of the science of climate change
- Review of climate change policies, processes and politics
- Exploration of future climate change policies
- Definition of, and reasons for, a cap-and-trade system
- Principles of, and experience with, carbon offset projects
Day 2: Financial Markets and Trading Strategies
- Risk identification, assessment and mitigation – part I
- Analysis of carbon price formation
- Trading and hedging strategies in carbon markets
- Case studies of companies affected by the European Union Emission Trading System (EU ETS) – part I
Day 3: Risk Management, Strategic Decision Making
- Risk identification, assessment and mitigation – part II
- Expected performance of carbon offset projects and portfolios
- Development of optimal carbon strategy
- Case studies of companies affected by the EU ETS – part II
- Discussion of issues faced by companies represented in the program
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