John Bruton launches new DCU Masters programme in Sustainable Energy Finance
New course designed to support Ireland’s emergence as global leader in green finance
President of IFSC Ireland and former Taoiseach, John Bruton, has launched a new MSc in Sustainable Energy Finance for Ireland to help promote the jurisdiction as a world leading centre of excellence for green finance.
The launch, today, Tuesday, July 3, at the Convention Centre Dublin – the world’s first carbon neutral convention centre – builds on the highly innovative Graduate Certificate in Sustainable Energy Finance from DCU which was a first of its kind for the country.
Developed by DCU Business School in association with the financial services sector through the Summit Finuas Network and funded by Skillnets, the new MSc in Sustainable Energy Finance will equip finance and related professionals with the skills necessary to meet the challenges of a global transition to a low carbon economic model.
Both programmes – the new Masters and the Graduate Certificate launched last year – are central to the Green IFSC’s Education and Talent strategy which is helping drive Ireland’s emergence as a global leader in green finance.
Speaking at the launch of the programme, Mr John Bruton explained: “The opportunity for Ireland in green or environmental finance is huge. Investment in green finance activities globally has increased to a record $263BN in 2011, up 6.5% from 2010 levels – and estimated to continue to grow dramatically in the years ahead.”
“We need to be ready for that future growth and it is great to see the collaboration between industry and the education providers facilitated by the Summit Finuas Network. Therefore, I am delighted to officially launch this DCU Masters in Sustainable Energy Finance and congratulate those who are about to graduate from the Graduate Certificate in Sustainable Energy Finance. Without a doubt, it is our people with their expertise and professional, can-do and pragmatic approach who make the difference and the reason the IFSC celebrates 25 successful years in 2012.”
Delivered in DCU Business School by leading academics and industry experts, the programmes will provide a broad and comprehensive overview of sustainability finance in order to support new green business streams within investment banks, professional firms working within the broader green economy and companies developing renewable products and technologies.
Professor Brian MacCraith, President of DCU, said: “This new MSc in Sustainable Energy Finance is an excellent example of how DCU engages with business and enterprise in order to inform our degree programmes. Sustainability is a key strategic issue for Ireland and for DCU and we recognise the importance of equipping our DCU graduates with the skills and knowledge needed to support the rapidly growing green economy. We also believe that this Masters programme is very timely for Ireland and that its graduates will play a significant role in harnessing the opportunities and challenges of tomorrow’s green economy.”
Paul Harris, a member of Green IFSC Steering Group and Head of Natural Resources Risk Management, Bank of Ireland Global Markets, is Course Co-Director and one of the brains behind Ireland’s first Sustainable Energy Finance programmes. He said: “These courses draw together, for the first time anywhere, the key elements of green finance in a comprehensive and practical way enabling finance executives to play a central role in the evolution of this marketplace both in Ireland and internationally”.
About the course
The MSc in Sustainable Energy Finance is a part-time programme for executives developing advanced management and leadership in all areas of sustainable finance, enabling them to generate successful solutions to the opportunities and challenges represented by low carbon markets, green investment project development and finance, green policy and institutional development. It will also provide a strong foundation in sustainability and finance for related professions such as law, engineering, project development and accounting which deal with sustainability projects and carbon management.
The creation of the programmes was made possible with funding from the Skillnets enterprise-led training agency through the Summit Finuas Network. This also enables companies with grant-aid towards programme fees to enable IFSC companies to rapidly develop the exciting market opportunities for Ireland and create new, high-quality jobs for the future.
The MSc in Sustainable Energy Finance will commence in September 2012 and registration for both this and the Graduate Certificate is now open at www.dcu.ie/sustainableenergyfinance or www.summitfinuasnetwork.com/green-enterprise .com. For further information, contact: Louise Ryan 01-6051546.
NOTES TO EDITORS
Dublin City University Business School
During its more than 30 year existence, DCU Business School (DCUBS) has been a core contributor to business education in Ireland. The school prides itself on its ability to deliver excellent management education in keeping with the needs of the market and in providing students with the knowledge, competence and ability to apply it.
The Green IFSC initiative is an integral part of Ireland’s response to the challenges of climate change and sustainable development where finance, trade, products and services are developed and exchanged in support of the global transition to a low-carbon economy.
Established in 1999, Skillnets has a unique ethos and approach to the delivery of enterprise-led training and upskilling programmes for industry.
· Skillnets supports companies from any sector or region to engage in training by co-investing in the delivery of the training, with member companies of networks.
· Skillnets supports networks with resources and expertise to design and deliver training solutions that contribute to competitiveness and employability.
The Finuas Networks Programme (Finuas) is dedicated to supporting the international financial services (IFS) sector through investment in the specialist skills and expertise of its workforce. The main areas of training are in banking/asset financing, corporate treasury, investment management, securitisation, reinsurance and related professional services. http://www.skillnets.ie/finuas-networks-programme
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