IAN Course series begins at UoM

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Mysuru, November 28
The University of Mysore (UoM) today launched a series of courses being organised under Global Initiative of Academic Networks (GIAN) wherein foreign faculties would share their expertise.
Of total four courses offered under GIAN, one ‘Quantitative Climate Finance’ was started today at the Vijnan Bhavan, UoM.
The other three courses–‘Environmental Finance’, ‘extensible Business Reporting Language (XBRL)’ and ‘Introductory Course on Design for Development’ would be organised between December and March.
Speaking after inaugurating the course, UoM Vice Chancellor Prof K S Rangappa said that the courses, in collaboration with foreign faculties, were aimed at tapping the talent pool of scientists and entrepreneurs internationally. Collaborations of this kind would encourage students engagement and augment the country’s existing academic resources, accelerate the pace of quality reform, and elevate India’s scientific and technological capacity to global excellence.
He pointed that as many as 700 courses under GIAN were approved in the year 2016 and UoM was among few prestigious institutes to offer GIAN courses. Calling upon students to indulge in quality researches, he said that UoM was considered as the Centre of Excellence across the globe and if the proposal submitted by the students is attractive, there were high chances of it getting approved, he added. Stressing the need to limit global warming by reducing the use of greenhouse gas emission, resource person for the course University Duisburg-Essen, Germany, Professor Ruediger Kiesel felt the need for private financing besides government-sponsored projects.
“At the Paris climate conference (COP21) in December 2015, 195 countries adopted first-ever universal, legally binding global climate deal. The agreement, with global action plan to put the world on track to avoid dangerous climate change by limiting global warming to below 2 degree Celsius, is due to enter into force in 2020. The target includes renewable energy generation and reduction of greenhouse gas emission as important points,” he added. Prof Kiesel further observed that by 2050, production of renewable energy would surpass coal energy and the air pollution menace would be addressed significantly. “There is a need to realise the impact of air pollution on the environment. It should be taken seriously as China does.”
The six-day course ‘Quantitative Climate Finance’ will deal with Energy Trading and Financial Services, Stochastic Valuation Methods on Clean Development Mechanism, Joint Implementation and Emission Trading Scheme and Carbon Credit and Emission Allowances.

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