Level 6 Diploma in Environmental Economics and Sustainable Development
Level 6 Diploma in Environmental Economics and Sustainable Development
- Gain a comprehensive understanding of the principles of environmental economics and their application in real-world scenarios.
- Learn to evaluate the economic implications of environmental policies, climate change, resource management, and sustainable development.
- Develop skills in formulating and implementing sustainable development strategies for businesses and governments.
- Learn to apply economic tools for designing environmentally sustainable and economically viable projects.
- Acquire a strong foundation in economic modeling, cost-benefit analysis, and environmental valuation techniques.
- Prepare for leadership roles in environmental consultancy, policy advising, and sustainability management.
- Understand the core principles of environmental economics and their relevance to sustainable development.
- Be able to apply economic analysis to assess environmental policies, projects, and initiatives.
- Develop strategies for integrating sustainability into business models, corporate social responsibility (CSR), and public policy.
- Gain proficiency in conducting cost-benefit analysis and environmental valuation of projects and policies.
- Understand the relationship between economic growth and environmental sustainability.
- Develop practical skills for advising organizations on sustainability practices, resource management, and green finance initiatives.
- Introduction to Environmental Economics
- Basic principles of economics and their application in environmental issues.
- Understanding the concept of market failure in the context of environmental degradation.
- The role of government and market-based instruments in addressing environmental challenges.
- The economics of externalities and public goods in environmental contexts.
- Sustainable Development and Economic Growth
- Defining sustainable development: balancing economic growth, environmental protection, and social equity.
- The Brundtland Report and other frameworks for sustainable development.
- The role of green technologies, clean energy, and circular economies in fostering sustainability.
- Assessing the trade-offs between development and environmental protection.
- Economic Valuation of the Environment
- Methods for valuing environmental goods and services: contingent valuation, travel cost methods, and hedonic pricing.
- The concept of natural capital and its importance in economic decision-making.
- The role of ecosystem services in the economy and the valuation of their benefits.
- Practical application of valuation techniques in policy-making and environmental planning.
- Climate Change Economics
- Economic impacts of climate change and the costs of inaction.
- The role of carbon pricing, emissions trading systems, and carbon taxes.
- Economic policies for addressing climate change, including mitigation and adaptation strategies.
- The concept of a low-carbon economy and transitioning to renewable energy systems.
- Environmental Policy and Regulatory Frameworks
- Overview of national and international environmental policies and regulatory bodies (e.g., UNFCCC, Kyoto Protocol, Paris Agreement).
- The role of environmental economics in the formulation of policy and legislation.
- Examining economic instruments for environmental regulation, such as subsidies, taxes, and trading schemes.
- The economics of eco-labeling, green certification, and sustainable product standards.
- Cost-Benefit Analysis and Environmental Decision-Making
- Principles of cost-benefit analysis in environmental projects and policy evaluation.
- How to assess the economic feasibility of sustainable development initiatives.
- Discounting future costs and benefits: understanding the concept of time value of money.
- Tools for comparing and optimizing competing sustainability initiatives.
- Green Finance and Investment in Sustainable Development
- The role of green finance in supporting sustainable development projects.
- Understanding green bonds, impact investing, and environmental risk assessments.
- The role of financial institutions in promoting sustainability and financing environmentally-friendly projects.
- Identifying opportunities for sustainable investment and responsible business practices.
- Sustainable Resource Management and the Circular Economy
- Understanding the principles of resource efficiency, waste minimization, and circular economies.
- Strategies for sustainable supply chain management and eco-efficient production.
- The role of recycling, reuse, and resource recovery in reducing environmental impact.
- Case studies on circular economy models in various industries, including manufacturing and construction.
- Environmental Economist
- Sustainability Consultant
- Policy Advisor (Environmental Focus)
- Environmental Risk Manager
- Green Finance Specialist
- Sustainable Business Manager
- Climate Change Analyst
- Environmental Project Manager
- Corporate Social Responsibility (CSR) Manager
- Green Investment Advisor
- Expert Faculty: Learn from industry professionals with expertise in environmental economics, sustainability practices, and policy analysis.
- Practical Application: Engage with case studies and real-world examples to apply environmental economics in policy-making and business.
- Global Perspective: Gain insights into international environmental policies and strategies for sustainable development on a global scale.
- Career Advancement: Graduates are highly sought after by organizations committed to sustainability, climate change mitigation, and resource management.
- Comprehensive Learning: Study a broad range of topics, from economic valuation to green finance, sustainability strategies, and regulatory frameworks.
Study Units
- Introduction to Environmental Economics
- Basic principles of economics and their application in environmental issues.
- Understanding the concept of market failure in the context of environmental degradation.
- The role of government and market-based instruments in addressing environmental challenges.
- The economics of externalities and public goods in environmental contexts.
- Sustainable Development and Economic Growth
- Defining sustainable development: balancing economic growth, environmental protection, and social equity.
- The Brundtland Report and other frameworks for sustainable development.
- The role of green technologies, clean energy, and circular economies in fostering sustainability.
- Assessing the trade-offs between development and environmental protection.
- Economic Valuation of the Environment
- Methods for valuing environmental goods and services: contingent valuation, travel cost methods, and hedonic pricing.
- The concept of natural capital and its importance in economic decision-making.
- The role of ecosystem services in the economy and the valuation of their benefits.
- Practical application of valuation techniques in policy-making and environmental planning.
- Climate Change Economics
- Economic impacts of climate change and the costs of inaction.
- The role of carbon pricing, emissions trading systems, and carbon taxes.
- Economic policies for addressing climate change, including mitigation and adaptation strategies.
- The concept of a low-carbon economy and transitioning to renewable energy systems.
- Environmental Policy and Regulatory Frameworks
- Overview of national and international environmental policies and regulatory bodies (e.g., UNFCCC, Kyoto Protocol, Paris Agreement).
- The role of environmental economics in the formulation of policy and legislation.
- Examining economic instruments for environmental regulation, such as subsidies, taxes, and trading schemes.
- The economics of eco-labeling, green certification, and sustainable product standards.
- Cost-Benefit Analysis and Environmental Decision-Making
- Principles of cost-benefit analysis in environmental projects and policy evaluation.
- How to assess the economic feasibility of sustainable development initiatives.
- Discounting future costs and benefits: understanding the concept of time value of money.
- Tools for comparing and optimizing competing sustainability initiatives.
- Green Finance and Investment in Sustainable Development
- The role of green finance in supporting sustainable development projects.
- Understanding green bonds, impact investing, and environmental risk assessments.
- The role of financial institutions in promoting sustainability and financing environmentally-friendly projects.
- Identifying opportunities for sustainable investment and responsible business practices.
- Sustainable Resource Management and the Circular Economy
- Understanding the principles of resource efficiency, waste minimization, and circular economies.
- Strategies for sustainable supply chain management and eco-efficient production.
- The role of recycling, reuse, and resource recovery in reducing environmental impact.
- Case studies on circular economy models in various industries, including manufacturing and construction.
Upon completion of this diploma, learners will:
- Understand the core principles of environmental economics and their relevance to sustainable development.
- Be able to apply economic analysis to assess environmental policies, projects, and initiatives.
- Develop strategies for integrating sustainability into business models, corporate social responsibility (CSR), and public policy.
- Gain proficiency in conducting cost-benefit analysis and environmental valuation of projects and policies.
- Understand the relationship between economic growth and environmental sustainability.
- Develop practical skills for advising organizations on sustainability practices, resource management, and green finance initiatives.
This diploma is ideal for individuals looking to merge environmental sustainability with economic strategy to influence business decisions, government policies, and sustainable development initiatives. It is especially suited for:
Economists and Policy Analysts
Professionals seeking to specialize in environmental economics and influence public policy through economic evaluation of sustainability issues and environmental impact.
Sustainability Consultants and Managers
Individuals working in or aspiring to roles that involve advising businesses or governments on integrating sustainability into operations, investments, and long-term planning.
Environmental Professionals with a Business Focus
Practitioners in environmental science, conservation, or engineering who want to deepen their economic understanding to support data-driven, cost-effective environmental solutions.
Green Finance and Investment Specialists
Finance professionals interested in sustainable investing, green bonds, impact investing, and environmental risk management to align financial performance with environmental outcomes.
Government and NGO Officers
Those involved in policy-making, environmental regulation, and development programs who want to apply economic tools and frameworks to enhance environmental decision-making.
CSR and Corporate Sustainability Leaders
Business professionals responsible for corporate social responsibility, ESG (Environmental, Social, Governance) reporting, or sustainability strategy, who need a solid foundation in environmental economics.
Climate Change Analysts and Advocates
Individuals working on climate change mitigation and adaptation strategies who wish to understand the economic dimensions of climate policies and global environmental agreements.
Graduate Students and Career Changers
Recent graduates in economics, environmental sciences, public policy, or related fields, as well as professionals transitioning into sustainability or green finance careers.
Our assessment process is designed to ensure every learner achieves the required level of knowledge, skills, and understanding outlined in each course unit.
Purpose of Assessment
Assessment helps measure how well a learner has met the learning outcomes. It ensures consistency, quality, and fairness across all learners.
What Learners Need to Do
Learners must provide clear evidence that shows they have met all the learning outcomes and assessment criteria for each unit. This evidence can take different forms depending on the course and type of learning.
Types of Acceptable Evidence
Assignments, reports, or projects
Worksheets or written tasks
Portfolios of practical work
Answers to oral or written questions
Test or exam papers
Understanding the Structure
Learning outcomes explain what learners should know, understand, or be able to do.
Assessment criteria set the standard learners must meet to achieve each learning outcome.
Assessment Guidelines
All assessment must be authentic, current, and relevant to the unit.
Evidence must match each assessment criterion clearly.
Plagiarism or copied work is not accepted.
All learners must complete assessments within the given timelines.
Where applicable, assessments may be reviewed or verified by internal or external quality assurers.
Full learning outcomes and assessment criteria for each qualification are available from page 8 of the course handbook.
