IIM Ahmedabad to launch carbon finance course

IIML is already offering a management development programme (MDP) on corporate environmental management and carbon markets.

IIML had launched this course last year, aiming to sensitise professionals to various environmental issues and equip them with effective environmental management, officials said.

"The course, whose duration is three days, is meant for working executives only," said Sushil Kumar, coordinator of the programme at IIML.

"Our course covers environmental policy and law, environmental impact assessment, carbon markets and emission trading and several other issues," he added.

Going into more detail, the IIMA's forthcoming course on carbon finance has been divided into 14 sessions and will introduce the evolution of the global carbon market, the current state of international negotiations on climate change and developments following the Kyoto Protocol.

The three formal carbon finance instruments in Kyoto Protocol - the Joint implementation (JI Article 4), Clean Development Mechanism (CDM - Article 12) and Emissions Trading (ET - Article 17) - will be introduced.

Other carbon finance instruments and initiatives, such as those being implemented by the World Bank, will also be discussed.

"The course has a global focus with significant India centric economics and finance and practical case studies. Besides the financial instruments for carbon mitigation, the course also includes discussions on financial services to deal with the adverse impacts of climate change, such as climate change insurance and emergent adaptation funds," said Shukla.

Besides the financial instruments for carbon mitigation, the course also includes discussions on financial services to deal with the adverse impact of climate change, such as climate change insurance and emergent adaptation funds.

With many European countries eyeing the Chinese and the Indian carbon markets, the IIM-A expects a good turnout of foreign students for the course registration, which started in August.

"The term 'Carbon Finance' is used, in practice as well as in the course title, as a surrogate for 'Climate Change Finance' to cover wide ranging financial responses to mitigate and adapt to climate change," Shukla said.

Responding to climate change is a global venture, governed by international legal, regulatory and institutional framework, presently agreed under the United Nations Framework Convention on Climate Change (UNFCCC). The market can be used for efficient economic response to climate change and like all environmental markets; the global 'Carbon Market' is a creation of regulations.

The dynamics of the global carbon market results from institutions, policies, instruments and the specific measures agreed periodically by the nations that are a party to the UNFCCC.

Indian Institute of Management, Ahmedabad (IIM-A)

Date of Issue: Monday, July 21, 2008

Indian Institute of Management, Ahmedabad (IIM-A)
Courses offered: Applications are invited for The two year Post-Graduate Programme in Agribusiness Management (PGP-ABM) commencing from June 2009
Eligibility: (a) The candidate must hold a Bachelor’s or Master’s Degree in Agriculture Sciences or in Agriculture-related disciplines, with at least 50% marks or equivalent CGPA in Bachelor’s Degree [45% in case of the candidates belonging to Scheduled Caste (SC)/Scheduled Tribe (ST) or Persons with Disability (PWD) category], of any of the Universities incorporated by an act of the central or state legislature in India or other educational institutions established by an act of Parliament or declared to be deemed as a University under section 3 of UGC Act, 1956, or possess an equivalent qualification recognized by the Ministry of HRD, Government of India. The Bachelor’s Degree or equivalent qualification obtained by the candidate must entail a minimum of three years of education after completing higher secondary schooling (10+2) or equivalent.

OR

(b) The candidate must hold at least a Bachelor’s degree or equivalent qualification in any non-Agriculture discipline, with at least 50% marks or equivalent CGPA [45% in case of the candidates belonging to Scheduled Caste (SC)/Scheduled Tribe (ST) or Persons with Disability (PWD) category] from a University or Institution as defined in the above paragraph and should have an interest in Agriculture, Agro/Food Processing, Rural and Allied sectors. The Bachelor’s Degree or equivalent qualification obtained by the candidate must entail a minimum of three years of education after completing higher secondary schooling (10+2) or equivalent.

Rules for conversion of CGPA, for computation of percentage scored, for the candidates appearing in the final year of qualifying examination, and for candidates who have completed degree requirements and are awaiting results, would be same as mentioned above in the eligibility criterion for admission to PGP for all IIMs. Please note that though the registration date for the PGP-ABM is June 1, 2009, students who are in the final year of their bachelor’s/Master’s degree education and may have to go back to complete their examination formalities during June 2009 will be granted special leave for this purpose. The provisional admission of students who DO NOT complete ALL their examination formalities on or before June 30, 2009 will be CANCELLED. Under no circumstances will an extension of this date of June 30, 2009 be granted.

Also, please note that the candidates, who are eligible under eligibility criteria (1) by virtue of a Master’s degree in Agriculture Sciences or in Agriculture-related disciplines but do not have Bachelor’s degree in Agriculture Sciences or in Agriculture-related disciplines, also need to fulfill the requirements of their Master’s degree by June 30, 2009. For all other eligible candidates, this condition is restricted to their Bachelor’s degree requirements. The admission of such candidates will be confirmed only when they submit the mark sheet and a certificate of having passed the Bachelor’s or Master’s degree referred to in the certificate issued by the Principal/ Registrar of their college/institute. The deadline for submission of the mark sheet and the certificate is December, 2009. Non-fulfillment of this condition will automatically result in the cancellation of the provisional admission.

For further details refer to the CAT advertisement of July 13, 2008 and the CAT Bulletin.
Application procedure: The CAT Bulletin containing the CAT Application Form and other information can be obtained at the designated branches of the Axis Bank listed in the CAT advertisement, between July 14 and August 8, 2008 for Rs. 1300/- (Rs. 650/- for SC/ST candidates). Under exceptional circumstances CAT Bulletin can also be obtained directly from Admissions Office of any one of the IIMs by sending a crossed demand draft for Rs. 1300/- (Rs. 650/- for SC/ST candidates if applied with a copy of the SC/ST certificates) drawn in favour of the respective IIMs. For details please refer the CAT Bulletin.
Email : pgpabm@iimahd.ernet.in
Further details can be taken from: Tel 91-79-26324688 / 26324689
Fax 91-79-2630 6896
Website: http://www.iimahd.ernet.in
Address: Vastrapur, Ahmedabad - 380 015, India
Last date of submission of Forms: September 5, 2008 (Friday)
Last date of Issue of application form : 1. CAT Bulletin from Axis Bank branches: August 8, 2008 (Friday) ; ; 2. CAT Bulletin from IIMS: August 13, 2008 (Wednesday)
Date of Entrance Test : Common Admission Test (CAT): November 16, 2008 (Sunday)