Climate change is one of the biggest problems we face today. How can we fix this problem? And, what does climate change and the fight against it mean for doing business? This course discusses the economics of climate change with a focus on doing business, and analyses global climate policy such as the Paris Agreement. The approach is hands-on: we check out the policies of different countries and real-world companies, we invite guest speakers from industry and climate policy circles, and we present and discuss in class. The course is a joint initiative of several CEMS schools, which offer the course in parallel every Spring. The course ends with a three-day role play called "Model UNFCCC". At this event, students from all participating CEMS schools come together (physically, in a different city) and represent different parties in a simulation of global climate negotiations.
While ENE470 is a CEMS course, everyone is welcome to join. In the unlikely event that the number of students joining the course exceeds the maximum number of students NHH can send to the role play (this has never happened before), CEMS students will have priority.
Module 1 introduces climate change and climate policy, Module 2 focuses on business and climate change, in Module 3 we get ready for the Model UNFCCC, and in Module 4 the event take place. Note that while there is some financial support for expenses related to attending the role play, students need to pay the majority of expenses themselves. Participation at the Model UNFCCC is not mandatory, but an integral part of the course and highly recommended. Those who do not participate at the role play complete Modules 1-3 in the same way as the other participants, but are required to complete an alternative assessment element (an 1500-2000 word essay) in Module 4. Note that this course is among the NHH courses that address the topic of sustainability.
Welcome to this unique experience!