This multi-disciplinary five-day course provides an in-depth overview of the economics and governance of climate change, and the risks and opportunities they present for a range of organisations.

The course begins with an intensive introduction to climate change as a scientific and particularly as a social scientific issue, intended to bring students up-to-speed with the key concepts. The scientific evidence on climate change will be outlined and well-known controversies will be covered. Then the key concepts of climate-change economics and governance will be introduced, such as market failure, pricing carbon, and the tragedy of the commons.

Course description

Building on this common base, the course will then cover four main, but interlinked, topics.

  • Climate-change mitigation: the relationship between economic growth, competitiveness and carbon emissions; technologies to reduce emissions and their costs; policy instruments, including emissions trading and carbon markets.
  • Adaptation: using information from climate models and science to adapt to climate change; understanding vulnerability and resilience to climate change, including the links between adaptation, economic growth and poverty reduction; the role of public policy in promoting adaptation, including financing adaptation.
  • Politics, governance and institutional development:  the international institutional architecture for climate change; international law; political bargaining at the international and national levels; policy-making and policy implementation by governments, non-governmental organisations, businesses and communities.
  • Risks and opportunities: the risks and opportunities created by climate change for different organisations.

Course suitability 

This executive course is suitable for:

  • Senior executives searching for insight into how climate change affects their business
  • International governments and intergovernmental organisations working in the field of climate change and the environment
  • Professionals within private sector companies dealing with climate change through corporate social responsibility (CSR)
  • Individuals looking to understand the implications of climate change for finance and investment
  • Companies and industry groups facing carbon regulation and seeking a greater understanding of the issues
  • Global development professionals that deal with the impact of climate change and its related policies.

About the Grantham Research Insitute

The Grantham Research Institute on Climate Change and the Environment was established by the London School of Economics and Political Science in 2008 to bring together international expertise on economics, finance, geography, the environment, international development and political economy. The Institute is chaired by Lord Stern - lead author of the influential Stern Review on the economics of climate change.  


Find out more about the Grantham Research Institute >>


 "This course gave an excellent overview of all the key climate themes… the quality of the lecturers was world-leading and the discussion around subjects was fascinating.”

Team Leader - Low Carbon Growth & Business, Climate Change and Energy Dept, UK Foreign and Commonwealth Office

Previous course participants include:

  • Asian Development Bank
  • Australian Government Department of Industry
  • Bank of America Merrill Lynch
  • British Embassy
  • City of Oslo
  • Danish Ministry of Transport
  • Department of Trade and Industry, South Africa
  • European Investment Bank
  • European Parliament
  • Foreign & Commonwealth Office
  • GHE Solar Ltd
  • HSBC
  • Japan Bank for International Cooperation
  • KPMG Kenya
  • National Defense University, USA
  • PricewaterhouseCoopers
  • Shell International
  • The Caribbean Association of Industry and Commerce
  • United Nations Development Programme
  • United Nations Environment Programme
  • Vice Presidency of the Dominican Republic
  • World Bank Group


Receive more information about our 2016 executive short courses.


Find out everything you need to know about application, registration and fees

How to contact us

+44 (0)207 849 4615

Tel: +44 (0)20 7849 4615

Executive Summer School Office Address Details (below)

Executive Summer School Office
Houghton Street
London WC2A 2AE