Upon successful completion of this program, participants will be able to:

• Explain the core scientific principles of the greenhouse effect and climate modeling.
• Analyze the role of different sectors (energy, transport, agriculture) in global emissions.
• Evaluate the structure, ambition, and success of key international climate policy regimes.
• Understand the mechanics and market implications of carbon pricing and carbon offsets.
• Develop a corporate strategy for identifying and mitigating climate-related risks (physical and transition).
• Apply frameworks for climate disclosure, such as the Task Force on Climate-related Financial Disclosures (TCFD).
• Assess the economic trade-offs between climate mitigation and adaptation strategies.
• Formulate policy recommendations for achieving deep, sector-specific decarbonization goals.

• Sustainability and ESG Directors
• Corporate Risk Managers and Strategists
• Government and Regulatory Affairs Professionals
• Energy Policy Analysts and Advisors
• Financial Analysts and Investors focused on climate risk
• Environmental Engineers and Consultants
• Legal and Compliance Officers dealing with climate disclosure

• **Scenarios:** Developing a TCFD disclosure statement for a publicly listed company, identifying and modeling key climate risks.
• **Case Studies:** Detailed analysis of a specific carbon market (e.g., EU ETS) and its impact on corporate behavior.
• **Group Activities:** Designing a national climate policy package to meet a specific emissions reduction target by 2030.
• **Individual Exercises:** Calculating a basic corporate carbon footprint and assigning emissions to Scope 1, 2, and 3 categories.
• **Mini-Case Studies:** Rapid evaluation of a proposed carbon offset project for additionality and permanence.
• **Syndicate Discussions:** Debating the ethical and economic trade-offs of using carbon taxes versus cap-and-trade systems.
• **Expert Review:** Peer review of drafted policy summaries and mitigation recommendations.

Unit 1: Climate Change Science Essentials

• The greenhouse effect: radiative forcing and key gases (CO2, Methane).
• Interpreting climate model outputs and uncertainty.
• Analysis of historical and projected global temperature rise.
• Tipping points and long-term climate feedback loops.
• Sectoral analysis of emissions: electricity, heat, industry, transport.
• Introduction to Scope 1, 2, and 3 emissions accounting.

Unit 2: International and National Climate Policy

• Deep dive into the Paris Agreement and Nationally Determined Contributions (NDCs).
• Mechanisms of international cooperation and technology transfer.
• National and sub-national climate targets and legislative frameworks.
• Case studies of successful and challenging national climate policies.
• The role of non-state actors (cities, corporations) in global governance.

Unit 3: Economic Instruments for Decarbonization

• The rationale and design of Emissions Trading Schemes (ETS) and carbon taxes.
• Analysis of major operational carbon markets (EU ETS, regional systems).
• The mechanics and controversies surrounding the voluntary and compliance carbon offset markets.
• Economic impacts of high carbon prices on industry and consumers.
• Subsidies, tax credits, and financial incentives for clean energy.

Unit 4: Climate Risk and Corporate Strategy

• Defining physical risks (e.g., extreme weather) and transition risks (e.g., policy, market changes).
• Implementing the TCFD recommendations for climate-related financial disclosure.
• Developing climate scenario analysis for long-term planning.
• The concept of "climate resilience" and corporate adaptation planning.
• Integrating climate risk into enterprise risk management (ERM).

Unit 5: Sectoral Mitigation Strategies

• Decarbonizing the electricity sector (grid optimization, renewable integration).
• Strategies for hard-to-abate sectors: steel, cement, aviation, and shipping.
• The role of Carbon Capture, Utilization, and Storage (CCUS).
• Sustainable land use, bioenergy with CCS (BECCS), and nature-based solutions.
• Policy and technology pathways for zero-emission transportation.