We are pleased to invite you to a 2-part Workshop on ‘Financing of low-carbon innovative technologies’, to be delivered by Dr. Anurag Gumber, Assistant Professor, Climate Infrastructure & Finance, Hong Kong University of Science and Technology.  Details for both parts are given below.

We warmly encourage all students and faculty members to attend and participate in the discussion. 

About Speaker : Anurag Gumber is an Assistant Professor in Climate Infrastructure & Finance at the Hong Kong University of Science and Technology (Carbon Neutrality & Climate Change Thrust). He obtained his Ph.D. in climate policy and finance from ETH Zurich in 2024. He researches at the intersection of technology innovation, asset finance, and infrastructure development. His research investigates how low-carbon energy technologies mature from a financing point of view, how financial actors such as banks and institutional investors can increase investments to low-carbon projects, and how the development processes for building such low-carbon projects can be derisked. Prior to obtaining his Ph.D., Anurag worked in industry for over seven years advising several governments, development banks and infrastructure investors. He holds a Master’s degree in Public Administration from Harvard University, a Bachelor’s degree from Birla Institute of Technology & Science Pilani, and the CFA designation.

Workshop Part 1 Details

Workshop Title : ‘Financing of low-carbon innovative technologies’ - Part 1 (Basic) 

RSVP link to attend:  https://forms.gle/jbomcFp48pWZnKW99

Who should attend: Workshop is intended for participants across all levels of experience

Event Address: LH 308, Lecture Hall Complex

Date and Time: 10 January 2026, 09:00 - 12:00

**Lunch will be served

Workshop Part 2 Details

Workshop Title : ‘Financing of low-carbon innovative technologies’ - Part 2 (Advanced) 

RSVP link to attend: https://forms.gle/KeecTrHaHrCkM1s2A

Participants who wish to join the sessions online may use the Microsoft Teams link below:

Join via Microsoft Teams:
https://teams.microsoft.com/meet/4384585343172?p=WPEs33Xjj0TjYc3pPx

Who should attend: PhD-level candidates and those interested in pursuing research

Event Address: LH 308, Lecture Hall Complex

Date and Time:  10 January 2026 , 13:00 - 15:45

 **Lunch will be available from 12-1 pm

Abstract Part 1

Decarbonization policy can be summarized as a journey up the technology abatement curve. Cheaper low-carbon innovations are financed before more expensive ones, with targets used to propel innovation and learning in hard-to-abate sectors to bring down future abatement costs of  costlier technologies. This feedback in cost reductions while learning places project developers in precarious situation – invest now or wait until technology matures and costs reduce. This workshop imparts modeling skills to attendees as they learn to recognize real option value embedded in innovative technologies and how that value can be influenced by policy choices.

Candidates are requested to carry a laptop and functioning license of Microsoft Excel. First half of the workshop will be spent on fundamentals of real option pricing, followed by modeling of dairy industry decarbonization.

Please note, a second workshop on Climate Innovation Financing, geared toward PhD candidates and participants interested in pursuing research, will be organized at 1 pm at the same venue. Interested participants are welcome to attend this workshop as well.

Abstract Part 2

Net-zero pathways to mitigate the effects of climate change require substantial finance and mass development of low carbon technology infrastructure assets. While aspects of innovation finance and infrastructure finance, along with their policy-driven approach, are well examined independently, the concurrence of innovation, finance, and mass development is unparalleled. As a result, policymakers must guide investments into innovative technologies beyond early stages until social goals of decarbonization are met. This requires not to merely subsidize projects for feasibility sake, but to create a substantive and diverse financial system surrounding low-carbon technologies. In this workshop, we will dive into two main frameworks in transitions literature, namely Technology Innovation Systems (TIS), and Multi-level Perspective (MLP) that provide analytical constructs for analyzing such financial development. Accordingly, we will discuss the growth of key technologies globally and endeavor to apply these frameworks on India’s industrial-climate policy.

Please note that this workshop is geared towards PhD candidates or those interested in pursuing research. Majority of the workshop will be a discussion on the theoretical frameworks followed with some time for discussion on India’ industrial-climate policy and possible research directions. Attendees will be required to read key papers shared by the presenter prior to the workshop. The paper will be shared by 7th Jan.

Candidates are requested to carry a laptop and a functioning license of Microsoft Excel.