KAMPALA- The Uganda Institute of Banking and Financial Services (UIBFS), in partnership with aBi Finance, hosted a pivotal Green Finance Curriculum Validation Workshop at the Sheraton Hotel. This milestone event brought together 55 esteemed guests, including representatives from key stakeholders such as the Ministry of Finance, Planning and Economic Development, Bank of Uganda, and the Uganda Insurers’ Association.
The workshop aimed to review and validate the comprehensive green finance curriculum developed by UIBFS and its partners. This curriculum seeks to promote sustainable business operations and push the green agenda forward in the banking and finance industry.
In her opening remarks, Ms. Goretti Masadde, CEO of UIBFS, expressed her excitement about the advanced stage of the curriculum’s development. “Today, we are taking a significant step towards creating a sustainable future for our industry. This curriculum will provide the necessary knowledge and skills to train professionals in green finance, enabling them to make informed decisions that balance economic, social, and environmental considerations.”
The curriculum development process involved identifying gaps in the banking and finance industry and highlighting practical solutions. The comprehensive curriculum will cover various aspects, including:
Description of green finance and its importance
Case studies of successful green finance initiatives
Capital markets and green finance
Environmental, social, and governance (ESG) considerations
Ms. Masadde emphasized the significance of this initiative, stating, “We are providing a practical solution to a pain point that we all collectively experience as stakeholders in this industry. This curriculum will enable us to better manage the challenges posed by climate change, social changes, and global changes.”
The entire Green Finance Curriculum project is estimated to cost UGX 189 million shillings and is expected to be completed by the end of Quarter One 2025.
As Uganda continues to prioritize sustainable development, the validation of this green finance curriculum marks a significant milestone in the country’s journey towards a more sustainable future.
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