Fundamentals of Environmental Finance
“Doing well by doing good”
26 - 29 September and 2 October 2006
University of Stellenbosch Business School
Bellville Park Campus, Bellville
Lecturers:
Emily Tyler, SouthSouthNorth: South Africa Office
Jonathon Hanks, Incite Sustainability
Randall Spalding-Fecher, ECON Analysis
Contact Lecturer:
Jako Volschenk (Convenor of course)
University of Stellenbosch Business School
Tel: 021 918 4234; Email: jakov@sun.ac.za
Moderator:
Prof Wim Gevers
University of Stellenbosch Business School
Introduction:
“There's no doubt about the science. [...] The debate is over. [...] We see the threat posed by changes in
our climate. And we know the time for action is now.”
- Arnold Schwarzenegger, Governor of California, The Independent, 3 July 2005
Environmental finance refers to a wide range of issues. It incorporates aspects of risk management, corporate finance, investment analysis, climate mitigation and pollution costs, as well as renewable energy and energy efficiency practices. A number of issues have brought environmental finance to prominence during the last 20 years, of which the energy crises and global warming are the most prominent.
There has also been a rising realisation that human beings have a responsibility towards other living organisms on earth, as well as to fellow human beings and future generations. This awareness has prompted the emergence of various global indices and agreements to encourage economic support to environmentally and socially responsible
investments.
This course aims to empower professionals to incorporate the impact of environmental finance into their decisionmaking. The course will be most relevant to professionals at managerial or technical level in the electricity, oil, mining, investment, agricultural, insurance, environmental and public sectors.
Course Delivery:
The course will be delivered through introductory lectures, case studies and open plenary discussions. Please note that this is an introductory course in environmental finance and time does not permit extreme depth in all the topics discussed. Students will be encouraged to discuss further details with lecturers and speakers during breaks or after class.