IBASFI23 - IMPACT BANKING AND SUSTAINABLE FINANCE

The course contributes to the main objective of the master degree in “Economics and Management” of providing a solid background in firms management, including financial firms. Specifically, the course contributes to build up a rigorous background in sustainability practices of financial intermediaries and markets, with particular focus on demand and supply, financial intermediaries, products, markets, regulation and social-environmental impact. The specific objectives of the course relates to: A. KNOWLEDGE AND UNDERSTANDING ABILITY At the end of the course students should: • distinguish the main figures of sustainable finance and of related concepts, such as responsible finance, impact investing, green finance and blended finance; • distinguish needs, characteristics, and roles of demand-side and supply-side organizations; • distinguish different financial instruments and markets related to sustainable finance; • define the main regulations on sustainable finance; • define and distinguish the main instrument of impact measurement. B. KNOWDLEGE AND APPLIED UNDERSTANDING ABILITY At the end of the course students should: • understand figures of a sustainable finance product reading a key information document (KID) • apply knowledge on sustainable finance products, instruments and architecture to practical cases, selecting for any case the best product on the basis of product risk, return and expected impact measurement. C. AUTONOMY OF JUDGMENT: At the end of the course students should: • critically evaluate a key information document and factsheet of sustainable finance products on the basis of risk, return, social and environmental impact; • critically discuss the current state of art of sustainable finance market (demand, supply, actors, products, regulation, impact measurement). D. COMMUNICATION ABILITY At the end of the course students should: • express with technical and appropriate language analytical considerations on relevant aspects concerning sustainable finance, also doing interdisciplinary linkage. D. ABILITY TO LEARN At the end of the course students should: • perform individual and join research on specific sustainability topics; • compare the knowledge acquired with general orientation on sustainable finance