Climate Change:
Economics & Governance

INTRODUCTION

Climate change is one of the most pressing issues facing humanity today, with potentially catastrophic consequences for the planet and its inhabitants. At the same time, there is a need to promote economic growth and development, particularly in emerging economies. This presents a complex challenge for policymakers and economists, who must find ways to achieve economic growth while mitigating the impact of climate change.

This training course will explore the intersection of climate change economics and governance, and how they can work together to achieve sustainable and inclusive economic growth. We will examine the economics of climate change, including the costs of inaction and the benefits of mitigation and adaptation. We will also examine the role of governance, including policies and regulations, in promoting sustainable economic growth and reducing greenhouse gas emissions. By the end of the course, participants will have a deeper understanding of the economic and governance challenges posed by climate change, as well as potential solutions for achieving sustainable and inclusive economic growth.

This GLOMACS training course will highlight:

• Explore the economics of climate change, including the costs of inaction and the benefits of mitigation and adaptation.
• Examine the role of governance, including policies and regulations, in promoting sustainable economic growth and reducing greenhouse gas emissions.
• Discuss the challenges and opportunities of achieving economic growth while addressing climate change.
• Learn about innovative financing mechanisms and policy tools to address climate change.
• Understand the importance of collaboration and partnerships among various stakeholders to address climate change.
• Analyze case studies and real-world examples to illustrate best practices in climate change economics and governance.
• Develop practical solutions and recommendations for addressing climate change challenges in specific contexts.

Objectives

At the end of this training course, you will learn to:

• A deep understanding of the economic and governance challenges posed by climate change, and potential solutions for achieving sustainable and inclusive economic growth.
• Knowledge of the latest policy and regulatory frameworks for addressing climate change, and the ability to develop and evaluate effective policies and regulations.
• The skills to analyze and evaluate the economic costs and benefits of different approaches to mitigating and adapting to climate change.
• An understanding of innovative financing mechanisms and policy tools for addressing climate change, including carbon markets and green bonds.
• The ability to identify and evaluate real-world examples of best practices in climate change economics and governance, and apply these lessons to specific contexts.
• The skills to collaborate with stakeholders from diverse backgrounds and perspectives to develop practical solutions and recommendations for addressing climate change challenges.
• The confidence to engage in informed discussions and decision-making around climate change and economic development.

Training Methodology

The training methodology for this training course on Climate Change Economics and Governance will involve a combination of lectures, case studies, group discussions, and practical exercises. The specific methods used will depend on the learning objectives of each session, as well as the needs and preferences of the participants. Here are some examples of the training methodology that may be used:

• Lectures: In some sessions, the instructor will deliver lectures to provide foundational knowledge on key topics related to climate change economics and governance.
• Case studies: To facilitate a deeper understanding of best practices and real-world examples, participants will analyze and discuss case studies related to climate change economics and governance.
• Group  discussions:   Participants   will   engage   in   group   discussions   to   exchange   ideas, perspectives, and experiences related to climate change and economic development.
• Practical exercises: To apply knowledge and skills in a practical way, participants will engage in exercises such as developing policy recommendations, evaluating the economic costs and benefits of different approaches, and designing innovative financing mechanisms.

Overall, the training methodology will be interactive, participatory, and focused on practical application of concepts and tools related to climate change economics and governance

Organisational Impact

This training course on Climate Change Economics and Governance can have a significant organizational impact by equipping participants with the knowledge and skills needed to address the complex and pressing issue of climate change through effective economics and governance. Here are some potential organizational impacts:

• Improved policies and regulations: Participants will develop an understanding of the latest policy and regulatory frameworks for addressing climate change, and the skills to develop and evaluate effective policies and regulations. This can lead to the development of improved policies and regulations that are tailored to the organization's specific needs and objectives.
• Enhanced economic efficiency: Participants will learn to analyze and evaluate the economic costs and benefits of different approaches to mitigating and adapting to climate change. This can lead to improved economic efficiency, which can translate into cost savings and improved competitiveness for the organization.
• Increased innovation: Participants will learn about innovative financing mechanisms and policy tools for addressing climate change, including carbon markets and green bonds. This can lead to increased innovation within the organization, as new financing mechanisms and policy tools are developed to address climate change challenges.
• Improved collaboration: Participants will learn the skills to collaborate with stakeholders from diverse backgrounds and perspectives to develop practical solutions and recommendations for addressing climate change challenges. This can lead to improved collaboration within the organization, as well as with external stakeholders such as government agencies, NGOs, and other organizations.
• Enhanced reputation: By addressing climate change challenges through effective economics and governance, organizations can enhance their reputation as responsible and sustainable actors in their industries and communities. This can lead to improved stakeholder relations, increased brand value, and other reputational benefits.

Overall, this training course can have a significant positive impact on organizations by equipping their staff with the knowledge and skills needed to address climate change challenges through effective economics and governance.

Personal Impact

This GLOMACS training course on Climate Change Economics and Governance can have a significant personal impact on participants, as it can equip them with the knowledge and skills needed to address one of the most pressing global challenges of our time. Here are some potential personal impacts:

• Improved understanding of climate change: Participants will gain a deep understanding of the economic and governance challenges posed by climate change, as well as potential solutions for achieving sustainable and inclusive economic growth. This can lead to a greater  sense  of personal empowerment and agency in addressing this global challenge.
• Enhanced skills and knowledge: Participants will develop a range of skills and knowledge related to climate change economics and governance, including policy analysis, economic evaluation, and collaboration with stakeholders. These skills can enhance participants' professional development and career prospects.
• Increased motivation and engagement: By gaining a deep understanding of the importance of addressing climate change and the potential solutions available, participants may experience increased motivation and engagement in their work and personal lives.
• Enhanced decision-making: By developing skills in policy analysis and economic evaluation, participants can enhance their ability to make informed decisions related to climate change challenges, both in their professional and personal lives.
• Expanded network: Participants will have the opportunity to network and collaborate with other professionals and experts in the field of climate change economics and governance. This can lead to new professional and personal connections and opportunities.

Overall, this training course can have a significant personal impact on participants by equipping them with the knowledge and skills needed to address climate change challenges and contribute to a more sustainable and resilient future.

WHO SHOULD ATTEND?

This training course on Climate Change Economics and Governance is relevant to a wide range of professionals who are interested in the economic and governance challenges posed by climate change, and the potential solutions for achieving sustainable and inclusive economic growth. Here are some examples of professionals who would benefit from attending this course:

• Policy-makers and government officials: This course can provide policy-makers and government officials with the knowledge and skills needed to develop effective policies and regulations for addressing climate change challenges.
• Private sector leaders: Private sector leaders, including CEOs, CFOs, and other executives, can benefit from attending this course by gaining a deep understanding of the economic risks and opportunities posed by climate change, and how to integrate sustainability considerations into their business strategies.
• Sustainability professionals: Sustainability professionals, including sustainability managers and consultants, can benefit from attending this course by gaining a deep understanding of the economic and governance challenges posed by climate change, and the potential solutions available for achieving sustainable and inclusive economic growth.
• Academics  and   researchers:   Academics   and   researchers   in   the   fields   of   economics, environmental science, and governance can benefit from attending this course by gaining a broad and practical understanding of the latest research and best practices related to climate change economics and governance.
• NGOs and  civil  society  organizations:  NGOs  and  civil  society  organizations  that  work  on environmental and social justice issues can benefit from attending this course by gaining a deep understanding of the economic and governance challenges posed by climate change, and how to collaborate with other stakeholders to develop effective solutions.

Overall, this training course is relevant to anyone who is interested in addressing the economic and governance challenges posed by climate change, and how to achieve sustainable and inclusive economic growth.