Difference between revisions of "Sustainable Finance Competence List"
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More specifically, a sustainable finance competence indicates that an individual has the knowledge and skills needed to perform financial tasks with awareness of their [[Sustainability]] profile, or, in a professional context, do a sustainable finance related job. It will generally also indicate they have the interpersonal skills and general awareness or wisdom required to operate effectively in a sustainable financial system. | More specifically, a sustainable finance competence indicates that an individual has the knowledge and skills needed to perform financial tasks with awareness of their [[Sustainability]] profile, or, in a professional context, do a sustainable finance related job. It will generally also indicate they have the interpersonal skills and general awareness or wisdom required to operate effectively in a sustainable financial system. | ||
| − | == List == | + | == Competence List == |
| − | The following sustainable finance competence list ''adapts'' the broader EU/OECD Framework<ref>“European Union/OECD (2022), Financial competence framework for adults in the European Union</ref>. | + | The following sustainable finance competence list ''adapts'' the broader EU/OECD Framework<ref>“European Union/OECD (2022), Financial competence framework for adults in the European Union</ref>. Competences are grouped along four top-level categories. |
=== Money and Transactions === | === Money and Transactions === | ||
Revision as of 15:31, 5 April 2022
Contents
Definition
A Sustainable Finance Competence in the context of a Financial Competence Framework is a Financial Competence attributed to an individual characterised by specific Sustainable Finance related knowlege, skills or attitudes.
More specifically, a sustainable finance competence indicates that an individual has the knowledge and skills needed to perform financial tasks with awareness of their Sustainability profile, or, in a professional context, do a sustainable finance related job. It will generally also indicate they have the interpersonal skills and general awareness or wisdom required to operate effectively in a sustainable financial system.
Competence List
The following sustainable finance competence list adapts the broader EU/OECD Framework[1]. Competences are grouped along four top-level categories.
Money and Transactions
This content area covers the knowledge, skills and attitudes related to: the different forms of money and currencies; income; prices, payments and purchases; and the importance of financial records and contracts.
Planning and Managing Finances
This content area covers the knowledge, skills and attitudes related to budgeting; managing income and expenditure; saving; investing; longer term planning; retirement; credit; debt and debt management.
Risk and Reward
This content area covers the knowledge, skills and attitudes related to the identification of risks; financial safety nets; insurance; and balancing risk and reward.
Financial Landscape
This content area covers the knowledge, skills and attitudes related to regulation and consumer protection; rights and responsibilities of consumers; the use of financial education, financial information and financial advice; financial products and services; scams and fraud; understanding of tax and public spending; and external influences on financial decisions.
References
- ↑ “European Union/OECD (2022), Financial competence framework for adults in the European Union
