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The Role of the Financial System and Three-Tages of Sustainable Finance

The role of the financial system and three-stages of sustainable finance

In Levina’s work from 2015, it is noted that the financial system plays a crucial role in facilitating decision-making across economic, social, and environmental goals.

This is achieved through several key functions: information, monitoring, risk management, savings, and products.

So how does finance support sustainable development? This video introduces the three stages of sustainable finance: economic, social, and environmental. Through these stages, the financial system gradually shifts from focusing solely on financial returns to a sustainable development model that comprehensively considers economic, social, and environmental impacts. This transformation helps promote long-term economic prosperity, social well-being, and environmental protection.

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Mastering Sustainable Finance: ESG, Investments, & Corporate Strategy

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FutureLearn - Learning For Life

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