The three-day pilot training on Green Finance which was organised the University of Ghana Business School-Executive Development Unit (UGBS-ED) in collaboration with United Nations Institute for Training and Research (UNITAR) held at the UGBS Graduate Building from the 14th December 2020 came to an end on the 16th of December, 2020.The last day of the programme was facilitated by the Dean of UGBS, Professor. Justice N. Bawole, and a Senior Lecturer in the Department of Finance, Dr.Mrs. Vera Fiador.
Prof. Justice N. Bawole welcomed the participants to the event by vividly stating that the main objective of the workshop is to equip the participants with knowledge on the pillars that build an enabling environment and foster the adoption of sustainable and green financial investment activities. He then allowed the participants to ask questions on what they wish to see, hear, as well as their general expectations. Many of the participants were focused on getting answers on the factors put in place to enable green finance organisations access funds, in addition to the drivers of green finance.
The Dean indicated that it is important to create an enabling environment in green finance to increase its impact through a strategic approach to national circumstances and institutions as well as help in identifying what economic initiatives exist in it. He continued his presentation by discussing the roles and nature of public policy as well as the models of public policymaking. “Public Policy has a central role to play in the agenda to promote sustainable development in a green economy and manage climate change”, he stated. He further indicated that the models for public policymaking include institutional model, elite-mass model, group model, system model, and streams and window model.
Dr. (Mrs.) Vera Fiador delivered the second presentation dubbed “Advocacy” where she explained that it is the process of strategically managing and sharing knowledge to change and influence policies and practices that affect people’s lives. She revealed that advocacy is very important to green finance in the sense that, it helps in increasing awareness of the issues of green finance and green economy, and aids in opening up new sources of funding for it. Dr. Fiador disclosed that the qualities of a compelling advocacy message are that it must be brief, focused, and solution-oriented to appeal to any person who has a challenge. “The message must be supported with evidence and must target the key interest of decision-makers”, she averred.
Prof. Abdul-Gafaru Abdulai, an Associate Professor in the Department of Public Administration and Health Services Management, and also the Coordinator for UGBS-ED concluded the whole programme by expressing his sincere gratitude to the participants and then handed them their certificates.
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