The training course will equip students with:
- Sustainable development issues
- The extra-financial risk of not taking stakeholders into account
- The new and less expensive financing methods of green and social bonds
The courses of this program are:
M.1 Evaluation of investments and financing in a traditional context:
M.2 New financial market environment:
The sustainable finance training programme presents some basic concepts in finance and integrates sustainable development issues: it illustrates the evolution of market finance and corporate responsibility to the integration of environmental, social and governance criteria which, today, can generate significant extra-financial risk.
This course will first review the basic concepts of finance, then introduce the principles of externalities and extra-financial risk, and finally present new financial vehicles such as "green bonds" and "social bonds".
At the end of this course participants will be able to:
- Understand and better grasp concepts such as CSR, ESG issues, extra-financial risk and the linkage of corporate CSR/ESG actions with sustainable development objectives.
- Understand the expectations of institutional investors and donors such as the World Bank or the African Development Bank.
- Understand the impact of ESG issues on the cost of capital, and on "social" or "green" financing opportunities.
Business managers, financial analysts, managers and leaders in the financial management of companies, project managers, actors and persons responsible for product development in foundations and actors in administrations with a link to economic development.
- No formal training in finance is required to take part in these programmes.
- BAC+3 (Licence L3) or equivalent.