Governing Sustainable Finance in Emerging Markets

Programme Description

The drive for Environmental, Social, and Governance (ESG) issues, sustainable development and responsible business practices is core to the development of sustainable finance, which is reshaping economic landscapes, creating new business opportunities, changing financial markets and the global financing landscape. This development calls for enhanced regulatory and policy capability – particularly in the global south where, driven mainly by the global north, sustainable finance has been predominantly framed and largely seen from the perspective of climate change.

As much as the global south experiences the consequences of climate change, they are confronted by other pressing social needs such as poverty, poor education, inadequate health facilities, poor infrastructure, et cetera. The quest for sustainable development should be framed to meet them where they are, and sustainable finance needs to recognise this.

In this training, participants will explore sustainable finance from the needs of the global south and leverage the insights to design policy frameworks that will support strategic innovation and performance as well as sustainable economic growth. It will also empower professionals working in sustainable finance from both the global south and north to be better informed and aware of recent lessons learned when adapting the global sustainable finance principles/standards and practices to their local contexts.

This executive training is organised by the EUI’s School of Transnational Governance in scientific collaboration with the EUI’s Florence School of Banking and Finance (FBF).

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Learning outcomes

By the end of this programme, the participants will be able to:

• Discuss the international market dynamics for sustainable finance;
• Identify the major trends and issues in the ESG field and their implications for financial regulators and the institutions they regulate;
• Critically reflect on, and rethink, the role of financial institutions in society and their role in meeting the sustainability agenda;
• Understand ESG principles and standards and identify when they are violated (e.g. ESG-washing);
• Evaluate and design ESG reporting tools and governance frameworks.

 

Learning methods

• Knowledge transfer sessions led by accomplished practitioners and academics with experience in sustainable finance and key issues impacting the domain in both the global north and south;
• Active exchange in interactive training sessions and group work;
• Case studies analysis.

 

Information for applicants

• The training course will take place over four (4) afternoons on a fully online mode on 1-2 & 5-6 December 2022. Applicants who are selected will be given access to the online training space via Zoom on the days of the training. Please take note that the official timings of this training are scheduled on Central European Time (CET) (Italian time) so time differences might apply when joining from different time zones.
• The programme will include approximately 15 hours of in-session training not including breaks, while a couple of hours of preparation with pre-training material and readings might also be necessary.
• Participants will be enrolled to the EUI’s Virtual Learning Environment (Brightspace) in order to access the materials of the course.
• All online trainings operate under the Chatham House Rule while the lectures might be recorded for internal use only (no recordings will be made for group exercises and discussions). Access to the lecture recordings will be made available to accepted participants for one (1) month after the end of the training.
• Accepted participants that successfully complete the training course will receive a Certificate of Attendance from the EUI’s School of Transnational Governance.

 

Who should attend

• Public officials from International Organisations involved in the design and/or implementation of sustainable finance and ESG policies and/or projects;
• Policy officers (and consultants) from national administrations, European institutions, and development banks involved in sustainable finance and ESG in emerging markets;
• Public officials from the global north and global south involved in financial surveillance, financial compliance, or investment supervision in emerging markets.