The aim of this project is to support teaching, research work and scientific activities in the field of higher education and EU studies. It will promote EU values and will increase the quality of teaching and research in Albanian high education system.
The module aims to promote the EU financial resilience policies to businesses, banking and insurance industry under their transformation towards the green initiatives, through teaching and research activities. As Albania is considered a high-risk profile country in terms of natural disasters, vulnerability to the impacts of future climate and environmental change constitutes a critical issue for the individuals, businesses and the society as a whole. Despite of the efforts made by the European Bank for Reconstruction and Development in Albania, only few business organizations and financial institutions in Albania have understood the significance of the ESDs goals and have included them in their strategy. Raising the awareness on the importance of green finance in mitigating the impact of climate and environmental change risk is the primary objective of this module. The high education institutions play a key role in the providing the stakeholders with proper know-how knowledge and techniques in green finance. The module consists of two existing courses “Insurance markets” and “Business financial evaluation” which will be addressed to the students in Professional Master Program in Finance and Master of Science in Risk Management, and a short intensive course which will be addresses to the bachelor students in “Finance” and “Business Administration” undergraduate program studies. The expected outcomes are modernizing the curriculum of master program in Finance, including EU regulations and directives on green finance issues, establishing the collaboration network between academic staff and students in high education institution and the experts in business management and financial institutions. The module is expected to promote the European values such as best practices and case studies in providing financial resilience to business and financial institutions, to increase the quality of Albanian education and research in the field of green finance and sustainable development.