Postgraduate taught 

Environment & Sustainable Development MSc

Sustainability and Green Finance ECON5125

  • Academic Session: 2023-24
  • School: Adam Smith Business School
  • Credits: 20
  • Level: Level 5 (SCQF level 11)
  • Typically Offered: Semester 2
  • Available to Visiting Students: No

Short Description

This course introduces theoretical and practical issues related to sustainability and green finance. The course focuses on: sustainability and its internalisation in the economy; governance and firm behaviour; green in the context of finance


One 2-hour interactive lecture per week x 10 weeks.

Excluded Courses





■ % (Case Study I - Company Cases in Sustainability

Group, Oral Presentation

■ % (Essay I - Recent Developments in Green Finance and Banking

Individual, Written

■ % (Essay II - Country Cases in Green Finance

Individual, Written

Intended Learning Outcomes



Word Length/ Duration

3, 4, 5, 6, 7

Written Assignment


1000 words

3, 4, 6, 7

Written Assignment


1000 words

Course Aims

This course aims to provide students with the knowledge to understand the role of financial sector in achieving environmental goals towards a sustainable future.   In this context, the course will provide students with a grounding


■ social and environmental challenges in the economy and environmental goals

■ firms' behaviour and governance in the context of environmental goals

■ the role of financial sector in transitioning to green economy

■ related products, strategies, and policies developed in the financial sector

■ the role of central banks in the transition of the financial sector

■ firm, industry, and country level cases of sustainability and green finance

Intended Learning Outcomes of Course

By the end of this course students should be able to:

1. gain a deep understanding of the environmental and social challenges and sustainable development goals

2. make critical discussion of corporate decisions in the context of sustainability and understand the challenges that firms face and changing objectives of corporates

3. develop a critical and analytical approach on how to use green finance products in the economy

4. gain a deep understanding of the transition of the banking sector towards sustainability and the role of central banks in transition to green finance

5. gain a deep understanding of country-level implementation of green finance policies

6. reason logically and work analytically

7. communicate effectively and clearly in written and oral formats

Minimum Requirement for Award of Credits

Students must submit at least 65% by weight of the components of the course's summative assessment.