ENR-22806 Principles of Climate Change Economics and Policy


Credits 6.00

Teaching methodContact hours
Course coordinator(s)dr. ir. RA Groeneveld
Lecturer(s)prof. dr. EC van Ierland
dr. ir. CSA van Koppen
dr. EH van der Werf
Examiner(s)prof. dr. EC van Ierland
dr. ir. CSA van Koppen

Language of instruction:


Continuation courses:

ENP-36306 Climate Governance


The course provides an introduction to the principles of economic and policy aspects of climatic change. We explain the functioning of the market mechanism and its failure in protecting the environment and various options for climate policies. Specific attention is given to public goods and externalities. The course deals with the costs and benefits of various climate options and provides the disciplinary background to understand national and international climate policies, both for adaptation and mitigation. Based on up-to-date literature the students will get acquainted with recent developments in international climate policies and the economic aspects. The specific role of costs benefit analysis and scenario studies are discussed and the role of discounting.
The course will use results of IPCC studies and the Stern report, in combination with studies from the international literature. Special attention will be paid to the Kyoto protocol and the post-Kyoto agreements.

Learning outcomes:

At the end of the course students are able to demonstrate:
- understanding of basic principles of environmental economics and policy;
- capability to apply these principles on key issues of climate change;
- a thorough understanding of the economic and policy aspects of climate change mitigation and adaptation;
- insight in the tradable permit system, the clean development mechanism (CDM) and joint implementation (JI);
- understanding of the positions of the various countries and regions in the climate debate, the post-Kyoto negotiations and EU climate change regulation.


Reading, discussing, studying and exercises.


Written examination.


To be announced in the course outline in order to provide up to date literature.

Compulsory for: BESEnvironmental SciencesBScA: Environmental Policy and Management1AF
Restricted Optional for: MCLClimate StudiesMSc1AF
MCLClimate StudiesMSc1AF
MCLClimate StudiesMSc1AF
MCLClimate StudiesMSc1AF
Compulsory for: WUEPMBSc Minor Environmental Policy and Management1AF
Restricted Optional for: WUCLCBSc Minor Climate Change: Mitigation and Adaptation Strategies for Society1AF
WUGISBSc Minor Geo-information for Environment and Society1AF