Empowering women in sustainable finance through microlearning

New financial literacy including topics realted to technological developments and sustainability in finance are not yet included in the trainings that exist on the market, therefore the FINPOWER is really inovative in the content.

FINPOWER is set to strengthen women’s sustainable financial literacy to empower their optimal decision making. With knowledge gained women will increase their financial management services and strengthen their self-esteem and confidence in their financial skills to equally participate in modern society. Adult trainer providers will get the training materials to train women in the field of sustainable financial literacy, in addition also microlearning units will be developed for women directly.

Financial literacy is essential for economic and financial stability and development. Higher financial literacy enables people to better manage with their financial issues, and perform better on their portfolio choice.

Across the EU, there are still significant gaps among women and men in terms of levels of financial literacy, which is leaving women at a potential disadvantage. The main objective of the FINPOWER is to increase women skills on financial literacy, including last important developments in this field (sustainability, virtual assets, cryptocurrencies etc.) in order to empower their financial literacy. When reaching the main objective, also the following objectives will be reached:

  • Map the key sustainable finance related competence gaps and specific training needs of women in participating countries
  • Increase the capacity and readiness of training institutions to manage an effective shift towards digital education.
  • increase the capacity of training institutions to prepare the tailor made, innovative and interesting training programme.
  • address the needs of women by offering training to women training providers and delivering pilot sustainable finance microlearning.
  • improve and extend the supply of high quality learning opportunities tailored to the needs of women
  • To extend and develop educators knowledge on sustainable finance and to increase their competences in the field of support of learners as well as in the field of motivation for trainings
  • Decrease also the gender inequality in financial literacy
  • Transfer the project effects to other countries through the development of a policy recommendation document

FINPOWER is innovative because it treats a “hot topic” in the field of adult education. Highly skilled trainers on new financial education are essential in order to be a great support for women to upgrade their skills in handling personal financial management.

Erasmus + Cooperation Partnerships in Adult Education
Coordinator: FH Joanneum Gesellschaft mbH (Austria)
Project Duration: 1.11.2022 – 31.10.2024