Our project

Motivation:

In the light of the EU Commission Action Plan: Financing Sustainable Growth and the focus of the German Council for Sustainable Financing on sustainable financial education, our project seeks to address the critical need for education in the field of sustainable financing. With the growing awareness of climate change and sustainable finance, individuals and organizations need to understand and commit to the principles and methods of sustainable finance.

Goals:

Our project has several key goals. First, we aim to conduct a survey to collect data on perceptions and current levels of sustainable financial literacy and identify areas to improve. In addition, we plan to develop and implement a comprehensive, cross-faculty curriculum on sustainable finance. The curriculum will cover topics such as sustainable investing, green bonds, and social responsibility in finance. To evaluate the effectiveness of our curriculum and identify areas for improvement, we intend to conduct an assessment of sustainable finance literacy.

Expected outcomes:

The expected outcomes of our project include a peer-reviewed publication that contributes to the academic discourse on financial literacy, a comprehensive curriculum that can be integrated into educational programs worldwide, and a tool to assess financial literacy. In addition, we will produce a policy brief that summarizes our analysis and provides actionable recommendations for decision makers.

Innovative aspects:

The project has a specific focus on the rapidly growing field of financial literacy for sustainable development and addresses a critical and growing need. By collaborating with experts in finance, economics, education, and psychology, we are taking an interdisciplinary approach that enriches the curriculum. To facilitate adoption by institutions, our curriculum is designed to be easily integrated into existing educational programs.

Complementarity and synergies:

The project benefits from the combined expertise of Liechtenstein University, Kassel University, and Luxembourg University. By promoting cross-border cooperation and cultural diversity, this collaboration increases the impact and reach of the project. Besides addressing societal challenges, our project enhances learners' employability in sustainable finance and promotes lifelong learning.

European added value:

Through the promotion of cooperation between European countries, our project ensures a diverse, inclusive and comprehensive approach to sustainable finance education. The results of the project will be widely disseminated and will have an impact on the promotion of financial literacy in Europe and beyond. The aim of our initiative is to provide students and educators with the necessary knowledge and skills to contribute to a more sustainable financial system and, ultimately, to a sustainable future for all.