The Edufinet Project, promoted by Unicaja Banco and Fundación Unicaja, and the Malaga International Training Center for Authorities and Leaders (CIFAL) are jointly organizing this Friday 26 March, at 11:30, a webinar on the importance of sustainable finance. This activity falls within the framework of the Global Money Week, a global event for young people to learn about financial sustainability and to make sound financial decisions.
The webinar will be moderated by the Head of CIFAL Malaga-UNITAR, Julio Andrade, and will be available on the Información CIFAL Málaga YouTube channel. Other participants include José María López Jiménez, Head of Corporate Social Responsibility (CSR) at Unicaja Banco, and Manuel Dorado Guzmán, Head of Financial Education at Fundación Unicaja. They will talk about the importance of sustainable finance and ESG (environmental, social and governance) criteria.
Then, the Head of Financial Division of the Bank of Spain, José Manuel Marqués, will analyse sustainable finances from the Supervisor’s point of view, and CIFAL Malaga-UNITAR Coordinator, Déborah Salafranca, will explain the link to the Sustainable Development Goals (SDGs) that are part of the UN 2030 Agenda.
The importance of money and sustainable finance will be explained by Ángel Yagüe and José Miguel Cabezas, from Instituto Andaluz de Estudios Financieros. Lastly, María del Mar Molina Parra, member of the working team of the Edufinet Project, will address the importance of financial literacy and its relationship with sustainable finance. The webinar will end with a presentation on climate change by Pablo Mascañeiras Nogueiras, teacher at the Rosario Moreno school.
Also within the framework of the Global Money Week, Edufinet has presented today a new microsite on new technologies applied to finance: EdufiTech, a site included in Edufinet, with contents on that topic.
Global Money Week
Global Money Week, which is celebrating its ninth edition this year, is an awareness-raising campaign on the importance of ensuring that young people, from an early age, are gradually acquiring financial knowledge to make sound financial decisions. This will have an impact on society and on a more inclusive and sustainable economy.
This year’s theme, ‘Take care of yourself, take care of your money’, highlights the importance of building financial resilience and staying healthy in the current context. The GMW’s opening took place on Monday and was launched by Queen Máxima of the Netherlands, UN Advocate for Financial Inclusion, and by Ángel Gurría, OECD Secretary-General.
Improving the financial literacy of young people will increase their development possibilities in future. As the OECD Secretary-General remarked, with the data of the latest PISA report (2018), 54% of students said that they held an account at a financial institution and nearly 45% of students said they held a payment card or debit card.
More than 100 countries, including Spain, have organized initiatives this week to cover basic concepts related to finance, savings, preparing a budget, responsible consumption or sustainable finance, for instance. In Spain, more than 70 activities have been organized this week. Due to the current situation caused by the COVID-19, most of them are held online.