The Open Learning Campus is pleased to introduce “Financing for Development: Unlocking Investment Opportunities” free online course. The course is aimed to learn from prominent government and international organization leaders about innovations to finance the Sustainable Development Goals (SDGs).
This course will cover key concepts and terminology, sources of development finance, including public, private, commercial, and multilateral, and the need for increased use of Official Development Assistance (ODA) and innovative financing solutions to mobilize and leverage domestic and official development resources alongside private funds. The course starts on March 1, 2017.
Course At A Glance
- Length:4 weeks
- Effort: 4-6 hours per week
- Subject: Economics & Finance
- Institution: World Bank Group (WBGx)
- Languages: English
- Price: Free
- Certificate Available: Yes
- Session: The course starts on March 1, 2017
Providers Details
- The World Bank Group is a vital source of financial and technical assistance to developing countries around the world. They support developing countries through policy advice, research and analysis, and technical assistance.
- The Open Learning Campus is the World Bank Group’s single destination to accelerate development solutions through learning, where anyone can access real-time, world-class development content. It is designed to be a leading, influential space to integrate development learning and knowledge exchange for World Bank Group clients, partners, staff and the general public.
Requirements
No previous knowledge is required only curiosity and enthusiasm for the subject.
About This Course
- Benefits: In this international development finance course, you will learn about the critical role of the private sector and the use of finance, including innovative solutions to fund the Sustainable Development Goals (SDGs) , to help meet the World Bank Group goals of ending poverty and boosting shared prosperity by 2030.Language of the course is English.
- Importance of the Subject in Today’s Scenario: Economics and economic education are important for providing people with valuable insight into how foreign and domestic markets operate, which allows them to make reasoned and rational choices for short-term and long-term financial benefits.The public sector can provide funds, information, and an enabling environment to harness private-sector strengths in service of public goods like preparedness.
How to Join This Course
You should register yourself through the given link to join this free on-line course: https://courses.edx.org/register?course_id=course-v1%3AWBGx%2BF4D01x%2B1T2017&enrollment_action=enroll&email_opt_in=true
Course Format
Week 1: Introduction to Financing for Development
The first Module defines financing for development and its purpose, describes the main sources of finance and the principal actors involved in financing for development projects, discusses the trends in development finance and outlines why a paradigm shift is needed to mobilize the necessary financing resources to achieve the SDGs.
Week 2: Public Finance
The second Module introduces and explains domestic and international public finance resources. It highlights issues such as improving domestic resource mobilization, increasing the efficiency of public expenditure measures such as reducing illicit financial flows, and better leveraging Official Development Assistance to enhance its ability to mobilize other sources of public and private finance, particularly for low-income and fragile economies.
Week 3: Private and Blended Finance
The third Module focuses on sources of domestic and international private and commercial finance. It includes the substantial growth of foreign direct and portfolio investments and of domestic capital markets in select developing countries. It emphasizes the growth and potential of newer sources of private and commercial finance, such as philanthropic funds, sovereign wealth funds, pension funds, and private equity, to be “crowded in” by more targeted use of public resources.
Week 4: The Financing Role of the Multilateral Development Banks
The fourth Module provides an overview of the MDBs, explaining their business models that have allowed them to leverage their capital and equity to support a vastly greater portfolio of development projects worldwide. It also discusses innovative financing solutions used in recent years to mobilize and generate new financing flows and improve the efficient use of available funds.
Why Take This Course
- Advantage of Course: This course will familiarize participants with the approaches currently under discussion among global leaders on financing the new development agenda. Through this course, you will become a part of a growing community looking to combine public resources with private and commercial finance to achieve the 17 SDGs.
- Certificate: You can pursue a verified certificate for $5 to highlight the knowledge and skills you gain, add the certificate to your CV or resume, or post it directly on LinkedIn.
Learning Outcomes
- The critical stakeholders, instruments and trends associated with domestic and international public finance in support of development
- The purpose and premise of the 17 Sustainable Development Goals (SDGs)
- The main drivers and sources of private finance – both domestic and international –and their growing importance in development
- How Multilateral Development Banks (MDBs) supports public and private efforts to meet the 2030 development agenda goals
Instructors
- Julius Gwyer: He is a program officer in the Development Finance Vice Presidency (DFi), supporting the World Bank Group’s engagement on financing the new global development agenda.
- Demet Cabbar: She is a financial officer at the Office of the Managing Director and World Bank Group Chief Financial Officer
- David Kuijper: He works as Adviser on Financing for Development in the Development Finance Vice- Presidency (DFi).
Suggested Reading
Basic knowledge of finance and economics will helpful in course.
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You can also join “Accounting and Finance” free online course.
Conclusion
- Over this four-week course, you will learn about the critical role of the private sector and the use of finance, including innovative solutions to fund the (SDGs). You will get knowledge about sources of domestic and international private and commercial finance.
- You can pursuing a verified certificate to highlight the knowledge and skills you gain, add the certificate to your CV or resume, or post it directly on LinkedIn.
Detailed Information
For more information about the course, you can check the given link:
https://www.edx.org/course/financing-development-unlocking-wbgx-f4d01x#!
