AvantGarde

The modern business environment has shown greater awareness and proactive involvement towards the larger concern of sustainability and climate change. Through the development of numerous global practices, linkages to CSR initiatives and collaborative efforts across industry, there is a highly dynamic and exciting area developing having immense future potential. Organizations have already started focusing on developing processes and systems to cater to energy efficiency and environmental management. In recent past, the world has also seen a sudden upsurge in various financial instruments to protect biodiversity. These include both environmental economics and the conservation movement.

Solutions like weather insurance and derivatives, carbon credits, energy derivatives are well rewarded and appreciated by corporates and governments all across the world. However, availability of trained cadre who can understand and design these innovative financial instruments has not been able to match with the growth in the environmental risk management market.

To address this need IIT Kanpur presents Finatics’11 with the theme Environmental Finance and Regulations for all the MBA professionals who want to pursue their career in the area of environment finance and regulation. This financial conclave will host lectures from various industry experts on various facets of environmental finance like accounting, triple bottom line, financial strategies regarding various environmental projects, valuations and risk assessment of projects on ecosystem, regulatory compliance and CDM projects. The conclave will also host case studies related to environment and lectures series will comprise of guest lectures form various industry stalwarts from leading consulting, accounting firms as well top business houses on the following topics:

Environmental Accounting – sometimes referred to as “green accounting”, “resource accounting” or “integrated economic and environmental accounting” – refers to creation of financial statements to incorporate the use or depletion of natural resources. It also includes environmental auditing which is systematic examination of the interactions between any business operation and its surroundings.

Financing Environmental Projects- deals with the elements of financial costs, financial structure and project feasibility of environmental projects. It also includes environmental funds involving environmental financing mechanisms in developing and transition economies

Environmental Consulting – is a form of compliance consulting, in which the consultant ensures that the client maintains an appropriate measure of compliance with environmental regulations

Carbon Finance – explores the financial implications of living in a carbon-constrained world, a world in which emissions of carbon dioxide and other greenhouse gases (GHGs) carry a price. Financial risks and opportunities impact corporate balance sheets, and market-based instruments are capable of transferring environmental risk and achieving environmental objectives. Issues regarding climate change and GHG emissions must be addressed as part of strategic management decision-making.

Apart from that we have following online games:

Weather Trading: Weather derivatives are the first financial tool available to risk managers to stabilise earnings volatility caused by the unpredictability of the weather .They are increasingly becoming standard fare in the portfolios of utility companies with non-US based deals set to be of increasing importance over the coming year. Markets are also developing in Europe, East Asia, Australia and South America with predictions of the European market being worth $8 billion within the next two years.

Weather-Trade brings you the unique opportunity to design and trade future contracts and derivatives relating to weather variables such as temperature, rainfall, natural disasters etc. Experience the live framework designed and developed by Weather Risk Limited (WRL) ©.

Stocksim: Stocksim is a real-time simulation of the stock market that gives you the chance to make it big, virtually of course. It keeps the virtual market prices of shares updated in real-time with the BSE and the NSE. You are given some virtual money to start with, and you trade with the other players and try to make a profit. Experience the thrill of online trading as you pit your wits and beat the market to emerge as the top investor.

Team Finatics