Climate Change and Carbon Management Strategies
This postgraduate unit is run by Climateworks Centre, a non-profit working within the Monash Sustainable Development Institute. The unit takes a dive deep into the role that businesses play in responding to climate change, including how to strategically navigate climate risk and uncertainty, and develop a company carbon reduction strategy. Students will learn about climate change and its economic impacts, the range of market and regulatory mechanisms for carbon mitigation, carbon accounting and forecasting, assessing carbon management projects, setting climate related targets, plus other ways that businesses do, and can, play a part in responding to the climate challenge.
This course will teach you to:
- Understand the political, regulatory and economic impacts of climate change mitigation on businesses worldwide.
- Demonstrate how to evaluate and articulate justifiable business strategies, and tactics that can address the impacts of market and regulatory changes that are linked to climate change.
- Gain practical research skills, including working in groups with people from diverse cultural and social backgrounds.
The Climate change and business risk course is available as an open and customised program. We draw on leading research and experience in Australia and abroad and you will hear from experts from across academia and industry.
Through this course you will learn:
- Climate change mitigation with respect to political, environmental, regulatory and economic impacts on business in the Australian and global context.
- Market and regulatory mechanisms for mitigating greenhouse gas (GHG) emissions.
- The supply and demand side aspects of industries that are the principal GHG emitters and their capacity to mitigate such emissions.
- Business compliance and management associated with carbon pricing obligations at lowest financial cost.
- The impacts of market and regulatory changes arising from climate change.
The unit requires on average three-four hours of scheduled activities per week. Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester.
This course runs in second semester.
For more information about this course, please contact the Unit Coordinator, Holly Dillabough via email.
Is this course for you?
This course unit is designed for Monash students studying Business and Economics. Students from a diverse range of courses, including the Masters of Environment and Sustainability, are also encouraged to participate.
For more information, visit the BEX5200 course in the Handbook.
“All in all, a very well thought out unit which provided insight into climate change from a business perspective, and how management considers it. Really enjoyed the unit.”
“Such a challenging and useful unit for business students. Really appreciate the intensive discussions during the lecture and the tutorial class.”
“To be honest, before I attended this unit, I knew very little about climate change issues and was curious how people can estimate emissions and deal with the climate change. Now, I finally know about climate change and will improve my knowledge in the future, especially related to carbon finance.”