Course graduates join a network of more than 3,000 CSF alumni in 40 countries. Our course is for professionals at the forefront of global conservation issues, and our past alumni come from government, NGOs/CSOs, academia, the private sector, and multilateral institutions. By taking this course, you will be connected with peers from all over the world in learning how applied economics and finance can help them to address some of today’s most pressing issues and urgent environmental challenges.
An essential foundation in basic economic concepts and language.
Insight into the drivers of environmental problems, including market and institutional failures.
Tools to evaluate the costs and benefits of natural resource management approaches and development decisions, including values of ecosystem services.
Skills to incorporate economic incentives in order to formulate more effective strategies and policies for conservation, including sustainable finance solutions.
The ability to articulate environmental values in a language that communities, businesses, and governments can understand.
- Key economic concepts
- Market theory: supply, demand, market equilibrium, and competition
- Why markets are inefficient when it comes to environmental protection: externalities, market failures, property rights, and public goods
Natural Resource Economics
- Capital theory: how the time value of money and interest rates influence the use of natural resources
- Behavior and incentives: game theory, open access and management of common resources
- Economics of renewable resources: forestry and fisheries economics, management and policy
Ecosystem Services and Environmental Valuation
- Links between ecosystems services and human benefits
- Environmental values and valuation methods, including best practices and lessons learned
- Case study examples of valuation studies to influence policy decisions
- Overview and framework
- Financial versus economic analysis, including incorporation of externalities and sensitivity analysis
- Case study examples evaluating the economic feasibility of small-scale and large-scale projects
Conservation Finance Solutions
- Finance solutions framework and systems thinking
- Public and private sector finance solutions
- Scalable solutions and emerging tools and opportunities
- Environmental policy instruments and evaluation criteria
- Command and control regulation versus economic incentives and market-based instruments
- Economics of illegal behavior, including wildlife poaching and overfishing
Isabel Felandro Llanos