M3EP Erasmus Mundus Program (European Environmental Economics and Policy)

The M3EP Erasmus Mundus Joint Master’s is a prestigious two-year program designed to equip students with the knowledge and skills necessary to address the complex environmental challenges facing Europe and the world. Focusing on environmental economics and policy, the program prepares graduates to contribute effectively to the green transition and sustainable development goals.

Delivered collaboratively by five renowned European universities, M3EP offers a multidisciplinary curriculum that combines theoretical foundations with practical applications. Students benefit from diverse academic environments and cultural experiences, enhancing their global perspective and professional network.

Project Status

  • Program Status: Ongoing
  • Start Date: 01-10-2024
  • End Date: 30-11-2030
  • Key Action: Erasmus Mundus Joint Master Degrees
  • Universities Involved
  • Countries Involved

The M3EP Erasmus Mundus program offers students the opportunity to study at five top-tier universities across Europe.

University of Copenhagen
Charles University
Heidelberg University
University of Milan
University of Warsaw
Denmark
Czech Republic
Germany
Italy
Poland

Additionally, the program includes a global network of over 60 associated partners from 23 countries, providing diverse internship opportunities and fostering international collaboration. This cross-border collaboration allows students to gain an international perspective while studying and researching in the heart of Europe’s academic and industrial hubs.

Description of the M3EP Erasmus Mundus Program

The M3EP Erasmus Mundus program focuses on providing an in-depth understanding of environmental economics and policy-making processes. It aims to develop professionals capable of designing and implementing effective environmental policies, contributing to sustainable development and the EU’s Green Deal objectives.​

Key Features of the M3EP Erasmus Mundus Program

  • Duration: 2 years (4 semesters)
  • Language of Instruction: English
  • Degree Awarded: Joint Master’s Degree in European Environmental Economics and Policy
  • Scholarship: Fully funded Erasmus Mundus scholarships available
  • Mobility: Study across multiple European countries​

Mobility Tracks of the M3EP Erasmus Mundus Program

Students begin their studies at the University of Copenhagen and choose a specialization track for their second year:​

  • Advanced Environmental Economics: Heidelberg University
  • Comparative Environmental Policy: Heidelberg University
  • Climate Change and Energy Economics: University of Milan
  • Policies and Politics of Green Transition: Charles University
  • Economics of Green and Just Transition: University of Warsaw​

Admission Requirements

  • Academic Background: Bachelor’s degree in relevant fields such as economics, environmental studies, political science, or related disciplines.
  • Language Proficiency: Proof of English proficiency through standardized tests (e.g., TOEFL, IELTS).
  • Additional Documents:
    • Motivation letter
    • Letters of recommendation
    • Proof of residence
    • Copy of passport or national ID​

How to Apply for M3EP Erasmus Mundus Program

Applications are submitted through the official application portal. Applicants must complete the online form and upload all required documents before the deadline. Indicate your interest in the Erasmus Mundus scholarship during the application process.​

Tips to Win the M3EP Erasmus Mundus Program

  • Strong Academic Record: Maintain a high GPA in relevant coursework.
  • Compelling Motivation Letter: Clearly articulate your interest in environmental economics and policy, and how the program aligns with your career goals.
  • Relevant Experience: Highlight any internships, research, or projects related to environmental issues.
  • Early Preparation: Start gathering documents and preparing for language tests well in advance.​
  • Application Opens:
    • Non-EU/EEA/Swiss citizens: November 15, 2024
    • EU/EEA/Swiss citizens: January 16, 2025
  • Application Deadline:
    • Non-EU/EEA/Swiss citizens: January 15, 2025
    • EU/EEA/Swiss citizens: March 1, 2025​

Curriculum Structure of the M3EP Erasmus Mundus Program

  • First Year
  • Second Year

University of Copenhagen

Compulsory courses: 37.5 ECTS

Restricted elective courses: 22.5 ECTS. (You must choose: 15 ECTS from Block 3 electives, 7.5 ECTS from Block 2 electives)

Each Block Equals 15 ECTS.

Courses for specialisation in Advanced Environmental Economics (Heidelberg University)

BlockCourse Name
Block 1Introduction to European Environmental Economics and Policy
Analyzing Public Policy
Block 2Applied Economics of Forest and Nature
Restricted elective course
Block 3Restricted elective course
Restricted elective course
Block 4European Environmental Economics and Policy in Practice
Applied Environmental and Natural Resource Economics
Course CodeCourse TitleECTS
Block 2 – Choose 7.5 ECTS from:
Policy Instruments and Design for Sustainable Transition7.5
LOJK10229UNatural Resource Economics7.5
NIFK14027UConsumer Economics and Food Policy7.5
NIFK16001UEconomic Efficiency and Benchmarking7.5
LFKK10265UConflict Management7.5
NPLK22000UEnvironmental Management in Europe7.5
Block 3 – Choose 15 ECTS from:
LOJK10248UEconomic Valuation Methods and Cost‐Benefit Analysis7.5
NIFK14029UMotivation and Pro‐Environmental Behavior – Managing Change7.5
NIFK13006UThe Economics of Climate Change7.5
NIFK14003UIncentives and Regulation7.5
LNAK10072UGlobal Environmental Governance7.5

Courses for specialisation in Comparative Environmental Policy (Heidelberg University)

BlockCourse Name
Block 1Introduction to European Environmental Economics and Policy
Analyzing Public Policy
Block 2Applied Economics of Forest and Nature
Restricted elective course
Block 3Restricted elective course
Restricted elective course
Block 4European Environmental Economics and Policy in Practice
Success and Failure in Environmental and Climate Policy
Course CodeCourse TitleECTS
Block 2 – Choose 7.5 ECTS from:
Policy Instruments and Design for Sustainable Transition7.5
LOJK10229UNatural Resource Economics7.5
NIFK14027UConsumer Economics and Food Policy7.5
NIFK16001UEconomic Efficiency and Benchmarking7.5
LFKK10265UConflict Management7.5
NPLK22000UEnvironmental Management in Europe7.5
Block 3 – Choose 15 ECTS from:
LOJK10248UEconomic Valuation Methods and Cost‐Benefit Analysis7.5
NIFK14029UMotivation and Pro‐Environmental Behavior – Managing Change7.5
NIFK13006UThe Economics of Climate Change7.5
NIFK14003UIncentives and Regulation7.5
LNAK10072UGlobal Environmental Governance7.5
NIFB14005UEU Law – Environment, Agriculture & Food7.5
Environmental Policy Integration7.5
LFKK10278UProject Management7.5

Courses for specialisation in Policies and Politics of Green Transition (Charles University)

BlockCourse Name
Block 1Introduction to European Environmental Economics and Policy
Analyzing Public Policy
Block 2Applied Economics of Forest and Nature
Restricted elective course
Block 3Restricted elective course
Restricted elective course
Block 4European Environmental Economics and Policy in Practice
Success and Failure in Environmental and Climate Policy
Course CodeCourse TitleECTS
Block 2 – Choose 7.5 ECTS from:
Policy Instruments and Design for Sustainable Transition7.5
LFKK10265UConflict Management7.5
NIFK16006UParticipatory Natural Resource Governance7.5
Block 3 – Choose 15 ECTS from:
LNAK10072UGlobal Environmental Governance7.5
Environmental Policy Integration7.5
NIFB14005UEU Law – Environment, Agriculture & Food7.5
LFKK10278UProject Management7.5
NIFK14029UMotivation and Pro‐Environmental Behavior – Managing Change7.5

Courses for specialisation in Economics of Green and Just Transition (University of Warsaw)

BlockCourse Name
Block 1Introduction to European Environmental Economics and Policy
Analyzing Public Policy
Block 2Applied Economics of Forest and Nature
Restricted elective course
Block 3Restricted elective course
Restricted elective course
Block 4European Environmental Economics and Policy in Practice
Applied Environmental and Natural Resource Economics
Course CodeCourse TitleECTS
Block 2 – Choose 7.5 ECTS from:
NIFK16005UAdvanced Development Economics7.5
LOJK10229UNatural Resource Economics7.5
NIFK23007UApplied Trade and Climate Policy Models7.5
NIFK14027UConsumer Economics and Food Policy7.5
NIFK16001UEconomic Efficiency and Benchmarking7.5
LFKK10265UConflict Management7.5
Block 3 – Choose 15 ECTS from:
NIFK13006UThe Economics of Climate Change7.5
LOJK10248UEconomic Valuation Methods and Cost‐Benefit Analysis7.5
LNAK10072UGlobal Environmental Governance7.5
NIFK14029UMotivation and Pro‐Environmental Behavior – Managing Change7.5
NIFB14005UEU Law – Environment, Agriculture & Food7.5
LFKK10278UProject Management7.5

Courses for specialisation in Climate Change and Energy Economics (University of Milan)

BlockCourse Name
Block 1Introduction to European Environmental Economics and Policy
Analyzing Public Policy
Block 2Applied Economics of Forest and Nature
Natural Resource Economics
Block 3Restricted elective course
Restricted elective course
Block 4European Environmental Economics and Policy in Practice
Applied Environmental and Natural Resource Economics
Course CodeCourse TitleECTS
LNAK10072UGlobal Environmental Governance7.5
NIFB14005UEU Law – Environment, Agriculture & Food7.5
LOJK10248UEconomic Valuation Methods and Cost‐Benefit Analysis7.5
NIFK14003UIncentives and Regulation7.5
NIFK14032UBusiness Development and Innovation7.5
LFKK10278UProject Management7.5

Heidelberg University, Department of Economics (Advanced Environmental Economics)

Semester 1Semester 2
Environmental Economics (8 ECTS)Joint Thesis and Employment Workshop (3 ECTS)
Experimental Methods (8 ECTS)Master Thesis (27 ECTS)
Applied Equilibrium Analysis in Environmental and Energy Economics (8 ECTS)
One elective course (6 ECTS)*

Restricted Elective Subject Elements (6 ECTS each):

  • Designing Field Experiments in Environmental and Development Economics
  • Development Economics II

Heidelberg University, Institute for Policial Science (Comparative Environmental Policy)

Semester 1Semester 2
Comparative Environmental Policy (8 ECTS)One elective course (6 ECTS; alternatively, in Semester 1)*
Methods in Comparative Political Science (8 ECTS)Joint Thesis and Employment Workshop (3 ECTS)
Policy Design and Practice (8 ECTS)Master Thesis (27 ECTS)
One elective course (6 ECTS; alternatively, in Semester 2)*

Restricted Elective Subject Elements (6 ECTS)
To be chosen from the following list:

  • Performance of Democracies and Autocracies (6 ECTS)
  • Theories of Public Policy (6 ECTS)
  • Environmental Justice: Discourses, Concepts and Theories in Comparison (6 ECTS)
  • International Comparative Climate Policy (6 ECTS)
  • Comparative Conflict Analysis (6 ECTS)
  • Comparative Public Policy (6 ECTS)

University of Milan (Climate Change and Energy Economics)

Semester 1Semester 2
Compulsory subject elements (18 ECTS)Compulsory subject elements (30 ECTS)
• Applied Climate Economics (6 ECTS)Economic Modelling for the Environment (6 ECTS)
Global and Climate Change Economics (6 ECTS)• Joint thesis and employment workshop (3 ECTS)*
• Climate Change and Energy economics reading group (3 ECTS)*Master thesis (21 ECTS, including examination)
• Master thesis preparatory traineeship or Italian Language Skills (3 ECTS)*[1]
Part of the MSc thesis for a total thesis work of 30 ECTS.
Elective subject elements (12 ECTS)*
To be selected from the following list:
• Additional Language Skills: French (3 ECTS); German (3 ECTS); Spanish (3 ECTS)
• Energy Economics (6 ECTS)
• Time Series and Forecasting (6 ECTS)
• Food Marketing and Consumer Behavior (6 ECTS)
• Food Chain in the Global Market (6 ECTS)
• Applied Environmental and Resource Economics (6 ECTS)
• Environmental Management (6 ECTS)
• Empirical Methods for Economics and Policy Evaluation (6 ECTS)
• Statistics and Econometrics (9 ECTS)
• International Agrifood Markets and Policies (6 ECTS)
• Economic History (6 ECTS)

[1] Italian Language Skills is compulsory for non-Italian speakers.

Charles University (Policies and Politics of Green Transition)

Semester 1Semester 2
Course codeCourse nameECTSCourse codeCourse nameECTS
JSM748Policy Analysis for a Green Transition9JSM754Diploma Thesis Seminar II Orientation in Public Policy for Green Transition15
JSM753Diploma Thesis Seminar I15JSM751Understanding the Policy Process in the Context of Climate Change Orientation in European and Global Politics of Green Transition8
JPM956European Union8

Students can take the following restricted elective courses during both semesters, amounting to 13 ECTS in total.

  • Students from the Public Policy for Green Transition orientation will have to choose a minimum of 9 ECTS in elective courses from Group A and a minimum of 4 ECTS in elective courses from Group B.
  • Students in the European and Global Politics of Green Transition orientation will have to choose a minimum of 5 ECTS in elective courses from Group A and a minimum of 8 ECTS in elective courses from Group B.
Course codeCourse nameECTS
15MT55Introduction to Program Evaluation3
15MT56Evaluation Research3
15MT57Calculative Practices and Their Applications3
15MT58Public Administration Reform3
15MT59Environmental Policy Instruments and their Applications3
15MT60Policy Appraisal3
15MT61EU Institutions and Decision-making4
15MT62Politics of European Green Deal: Executive vs. Domestic Institutions (A)4
15MT63UN and Global Cooperation (B)4
15MT64Global Environmental Politics and Institutions (B)4
15MT65Theories and Approaches in International Relations (B)4
15MT66Economics of Green Deal (B)4

University of Warsaw (Economics of Green and Just Transition)

Semester 1ECTSSemester 2ECTS
Advanced Macroeconomics part 1 and 2 (2400-QFU2AMA)4.5Policy Principles and Constraints at National and International Level
Advanced Microeconomics (General Equilibrium) (2400-ICU1AMa)4– International Environmental Cooperation OR Sustainable Development OR another 3 ECTS Master course from Faculty of Economics3
Econometrics and Forecasting*4.5Diploma Thesis Seminar3.5
Distributional Impacts and Households’ Behavior*4.5Diploma Thesis20
Global, National, and Sectoral Risks and Opportunities*3Joint thesis and employment workshop3
Diploma Thesis Seminar*3.5
Electives*3.5

Coordinator Contact

Alumni Feedback

Graduates of the M3EP Erasmus Mundus program have praised the program for its comprehensive curriculum, international exposure, and the opportunity to engage with experts in the field. Many have successfully pursued careers in environmental policy, research, and consultancy across various sectors.​

Who is eligible to apply for the M3EP Erasmus Mundus Program?

The M3EP Erasmus Mundus Program is open to students from all countries who hold a relevant undergraduate degree and meet the language requirements. Both EU and non-EU candidates can apply for admission and scholarships.

Is funding available for the M3EP Erasmus Mundus Program?

Yes, fully funded Erasmus Mundus scholarships are available, covering tuition fees, travel costs, and a monthly living allowance. Students can indicate their interest in the scholarship during the application process.

Can I choose where to study during the M3EP Erasmus Mundus Program?

Yes, all students begin at the University of Copenhagen for the first year and then select a specialization at one of the partner universities for the second year, allowing for academic and geographical flexibility.

What kind of career opportunities does the M3EP Erasmus Mundus Program prepare me for?

Graduates typically work in international organizations, environmental consultancies, government agencies, NGOs, or pursue PhDs. The interdisciplinary nature of the M3EP Erasmus Mundus Program opens doors to a variety of green policy and economic analysis roles.

What language is the M3EP Erasmus Mundus Program taught in?

All courses in the M3EP Erasmus Mundus Program are taught in English. Applicants must submit valid proof of English proficiency as part of the application.

Can I apply to the M3EP Erasmus Mundus Program while still completing my undergraduate degree?

Yes, you can apply if you expect to graduate before the program starts. However, you must provide evidence of graduation before enrollment.

Is prior experience in environmental policy or economics required for the M3EP Erasmus Mundus Program?

While it is not mandatory, having a background or interest in environmental issues, economics, or public policy will strengthen your application and improve your chances of selection.

What makes the M3EP Erasmus Mundus Program unique compared to other environmental programs?

The M3EP Erasmus Mundus Program stands out due to its joint degree structure, mobility across five top European institutions, fully funded scholarships, and a curriculum tailored to the green transition and sustainable policy-making.

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