Page 28 - Green Finance 2024
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corporate social responsibility (CSR), and the economic implications of environmental
policies. By incorporating these subjects into university curricula, educational
institutions play a pivotal role in shaping the skills and mindsets of future leaders and
professionals in the financial sector. The importance of this education is highlighted in
the increasing demand for professionals who understand the complexities of integrating
environmental sustainability into financial decision-making (Boubaker et al., 2018;
Nedopil, Dordi, & Weber, 2021).
A key aspect of incorporating green finance into university curricula is the focus on
sustainability and its financial implications. This involves teaching students how to
evaluate investments not only based on financial returns but also on environmental
impact, thereby fostering a more holistic understanding of value creation. Courses on
sustainable investment strategies, for instance, explore how investments can be aligned
with environmental goals, such as reducing carbon emissions or promoting renewable
energy (Alharbi, Al Mamun, Boubaker, & Rizvi, 2023; Rasoulinezhad & Taghizadeh-
Hesary, 2022). Another critical area is environmental risk assessment, where students
learn to identify and manage risks associated with environmental issues, such as climate
change, resource depletion, and pollution. This knowledge is crucial for developing
strategies to mitigate these risks in financial portfolios.
In addition to specialized courses, green finance principles are increasingly being
integrated into traditional finance and business programs. This integration ensures that
all finance students, regardless of their specialization, gain exposure to the concepts of
environmental sustainability and responsible investment. Such an approach is essential
in mainstreaming green finance and ensuring that it becomes a fundamental aspect of
financial education.
Research and practical application are also critical components of green finance
education. Many universities encourage students to engage in research projects focused
on green finance topics, allowing them to contribute to the development of new
knowledge and solutions in this field. Furthermore, practical applications, such as case
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